Joey Krug
Partner at Founders Fund
San Juan
Overview
Work Experience
Partner
2023 - Current
Leading the next decade of Founders Fund's crypto strategy while looking for the next wave of generational crypto startups and founders to back
Founders Fund is a venture capital firm that invests in companies building revolutionary technologies.
Co-Founder
2017
One simple balance that lets you spend, send, save and make money at the same time. Eco puts your money back to work for you.
Advisor
2016
Decentralized Exchange Built on Ethereum, seeded 0x + advisor
0x is an open protocol that enables peer-to-peer trading of assets.
Raised $108,999,960.00 from COIND, OpenSea, Jared Leto, Davoa Capital, Coinbase, Greylock, Sound Ventures, To Kenz Capital, Pantera Capital and GSR.
Investor
2016
Checkout my AngelList syndicate at https://angel.co/joeykrug/syndicate I back companies with strong moats that I'd love to work on if I had more time: practical, novel things that should exist in the world but simply don't... yet. Especially fintech, biotech + healthcare, crowdsourcing, and software companies. Our first deal was numer.ai, and our next deal is for a protocol for decentralized exchange/trading of tokens on Ethereum.
Advisor
2018
An adaptive money built on sound economics, helped w/ AMPL currency design
Technical Advisor
2016
Helped create NMR (code + paper) Numerai combines the most accurate and original machine learning models from the world’s best data scientists into a collective artificial intelligence that controls the capital in Numerai’s hedge fund. AI + Homomorphic Encryption + Prediction Tournaments + Bitcoin Rewards == Better Capital Allocation
Numerai transforms and regularizes financial data into machine learning problems for global network of data scientists.
Raised $31,500,000.00 from FJ Labs, Union Square Ventures, Richard Craib and Shine Capital.
Advisor
2017
Advising Origin on their decentralized sharing economy platform!
Origin Protocol is a blockchain platform for building decentralized marketplaces.
Raised $38,105,763.00 from Czhang's Digital Investment.
Technical Advisor
2016
Technical advisor - rebuilding the internet for decentralized apps
Tlon is a software company that builds cloud software and computing platform.
Raised $55,500.00 from K5 Global.
Co-Chief Investment Officer
2017 - 2023
Co-Chief Investment Officer at one of the largest cryptocurrency and blockchain focused asset managers where we manage both venture and hedge funds
Pantera Capital is an investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency.
Board Member
2018 - 2022
Education
High School Diploma
2009 - 2013