Webinar
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 & Fintech Fund 5 Open Now
Our Blockchain & Fintech Fund offers accredited investors a portfolio of ~15-20 startups delivering cutting-edge AI and blockchain infrastructure and services for banking, insurance, supply chains, healthtech, retail, and more. Investor who join by our First Close (10/31/2024) or Second Close (11/30/2024) will earn management fee reductions. The fund’s Final Close is December 31, 2024, and the fund minimum is $25K.
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 AI, Web3, FinTech and SaaS investment opportunities across the U.S. and Asia Pacific. Earlier, he spent more than 10 years in the corporate venture space: He was the managing director of HP’s new business ventures, 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 brings a wealth of experience in capital advisory, corporate development, and operational optimization, establishing impactful collaborations with CXOs and Founders. With a diverse industry exposure encompassing cloud computing, mining and minerals, consumer goods, and Web3, Sophia has been at the forefront of transformative technologies. Since 2018, she has been immersed in the crypto universe, working at Galaxy Digital, Huobi US, and Crypto.com. In these roles, Sophia engaged with startups and institutional clients on capital raising and trading across the Americas, EU, and Asia regions.
Actively fostering innovation and mentorship, Sophia serves as a mentor and judge at prestigious institutions such as Yale’s Tsai City for Innovation, Berkeley’s Blockchain Xcelerator, Techstars, and Layer 1 protocols, including Ethereum, Algorand, and Solana. She maintains close ties with the blockchain communities at Stanford and Yale.
Driven by a passion for shaping the future through frontier technologies, Sophia is currently supporting AI data and applications deals within her team. She holds a BBA from Simon Fraser University, an MBA from the University of British Columbia, and an MAM from the 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.