Web3: State of the Industry and Future Trends
Join us for a 45-minute presentation as we discuss the state of the Web3 industry and future trends that excite traditional finance and crypto-native VCs. This session will offer you an exclusive chance to hear insights directly from experienced VCs who possess in-depth industry knowledge regarding the latest advancements toward a new and improved internet.
Your hosts will be Alumni Ventures’ Blockchain Fund Managing Partner Ray Wu and Senior Principal Sophia Zhao. They will be joined by a panel of distinguished Asian venture capital veterans in Web3 as an honor to the Asian/Pacific American Heritage Month: James Wu, Partner at M12 (Microsoft Ventures); Richard Kim, General Partner at Galaxy Interactive; and Chia Jeng Yang, Principal at Pantera Capital.
Despite negative sensational news headlines, the potential of blockchain technology extends far beyond Bitcoin and other cryptocurrencies. During this session, we will discuss future trends and the latest developments in the sector that excite traditional finance and crypto-native venture capitalists.
Note: You must be accredited to invest in venture capital. Important disclosure information can be found at av-funds.com/disclosures.
Blockchain Fund 4 Open Through June 30
Our Blockchain Fund offers accredited investors a portfolio of ~20-30 disruptive companies innovating in Web3 infrastructure and services, the Metaverse, and more. Blockchain Fund 2 was one of our largest fundraises, and we had to establish a waitlist to accommodate interest.
About your presenters
Ray is a seasoned venture capitalist with over 20 years of investing experience across a wide range of industries and geographies. Before joining Alumni Ventures, Ray was a partner and adviser at several global venture funds focusing on investment opportunities across the U.S. and Asia Pacific. Earlier, he spent more than 10 years in the corporate venture space: He worked at HP — where he served as the managing director for the tech giant’s venture arm, responsible for startup technology evaluation, new business incubation, VC relationships, and minority investments — and earlier at Cisco Systems, holding several senior positions leading investment, M&A, internal incubation, and global consulting. Previously, Ray was a managing partner of a leading Internet consulting firm working with Fortune 1000 companies across North America. He earned a dual MBA degree from the University of California, Berkeley and Columbia University.
Sophia immersed herself in the world of cryptocurrencies in 2018 and started her crypto journey with Galaxy Digital, supporting its portfolio of blockchain projects on fundraising, investor relations, and ICO initiatives. During her tenure with Huobi US and Crypto.com, she grew the institutional business through working with crypto hedge funds and trading firm clients in market making and volume trading programs, covering the Americas, EU, and Latam region.Sophia is also an active volunteer Judge and Mentor with Ethereum Foundation, Algorand, Harmony and Solana Labs. She’s a mentor with Yale’s Tsai Center for Innovative Thinking, as well as an active participant in startup communities such as Techstars, 500 Startups, and Plug and Play. She holds a BBA from Simon Fraser University, an MBA from University of British Columbia, and an MAM from Yale School of Management.
Chia is a Principal at Pantera Capital, covering Infra, DeFi, Web2.5. Chia dropped out of Harvard Business School to join Pantera, with a Cambridge law degree and a background in fintech VC and operating in e-commerce. He publishes research on DeFi, infra and fintech.
Richard Kim is a General Partner at Galaxy Interactive and a Managing Director at Galaxy Digital. His experience spans investing, trading, law, finance, management and strategy. He joined Galaxy Digital as COO in May 2018, before joining Galaxy Interactive in Dec 2018. Prior to joining Galaxy Digital, he was the COO of Global Foreign Exchange and Emerging Markets Trading at Goldman Sachs from 2015-18.