From Apple & Uber to Creating a Multi-Billion Dollar Wallet Industry | Magic Labs Documentary

Description

Sean Li and Jaemin Jin founded Magic Labs. Today, they've onboarded 50M+ wallets and 200,000 developers, and raised $80M+ in funding from top-tier investors, including PayPal Ventures. This film captures the raw entrepreneurial journey—from Sean's early days selling his first startup KiteMatic to Docker, through the near-death experiences of Magic Labs, to their current mission of building Newton Protocol, the programmable trust layer to bring all assets on-chain, for agentic AI, stablecoins, RWAs and the $250T global asset market. Key Insights: 1. The Apple design philosophy that shaped Magic's "invisible technology" approach 2. Surviving the 2018 crypto winter when everyone called blockchain a scam 3. The controversial decision to simplify Web3 that got them attacked on Twitter 4. Building non-custodial solutions when VCs demanded centralization 5. The future of AI agents managing trillions in on-chain assets Timeline: 00:00 Intro 01:14 Founder & Magic Labs 02:17 From Jazz Dreamer to 50M Wallets 10:21 Apple’s Perfectionism vs. Startup Reality 16:52 One Month of Runway: Innovation Pulled from the Brink 24:03 Beyond the Numbers: What Makes Investors Truly Believe in Founders 27:39 Building the ‘Perfect’ User Experience Philosophy in the Age of AI 31:20 The Greatest Risk Is Not Taking Action About Magic Labs: Website: https://magic.link X: @magiclabs About Newton Protocol: Website: https://www.magicnewton.com/ X: @magicnewton EO creates in-depth documentaries and interviews with founders reshaping the global tech ecosystem. - For collaboration: partner@eoeoeo.net LinkedIn | @EO STUDIO X | @eostudi0