VC Corner Q&A: Jake Brukhman of CoinFund

The Startup Grind Team
Startup Grind
Published in
3 min readMay 14, 2019

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Jake is Managing Director and CEO at CoinFund. He has a decade of experience spanning pure and financial technology, quantitative research, technology market research, and blockchain.

Previously, Jake was Partner and CTO at Triton Research, a technical product manager and engineer at Amazon.com, and spent five years as a financial technologist at Highbridge Capital Management and as a quantitative researcher at Kohera.

He studied pure mathematics and computer science at the Courant Institute of Mathematical Sciences at NYU and the honors program at Rutgers University. Jake’s focus is a specialization in all technical, financial, and sociological aspects of blockchain and decentralization technology.

— What’s CoinFund’s mission?

We are a cryptonative fund focusing on full-stack decentralization investing and direct network participation (generalized mining).

— What’s one thing you are excited about right now?

Decentralized finance

— Who is one founder you think we should watch?

Andy Bromberg of CoinList

— What are 3 top qualities of every great leader?

  1. Being right
  2. Being able to rally talent
  3. Being able to positively influence morale

— What was your very first investment? What struck you about them?

CoinFund LLC — Bitcoin

CoinFund LP — Messari

— What’s one question you ask yourself before investing in a company?

Is it a company or decentralized network? (i.e. Where does value accrue?)

— What’s one thing every founder should ask themselves before walking into a meeting with a potential investor?

What is the value this investor will bring to the table?

— What do you think should be in a CEO’s top 3 company priorities?

From a crypto perspective:

1. When are we going to production?

2. When are we going to be on-chain?

3. How does my business/structure generate revenue and where does it accrue?

— Favorite business book, blog or podcast?

Options, Futures, and Other Derivatives by John C. Hull

— What’s your favorite thing to do when you’re not working?

Acrylic painting

— Who is one leader you admire?

Elon Musk

— What’s one interesting thing most people won’t know about you?

I am a published poet.

— What’s one piece of advice you’d give every founder?

The more sure you are about a future outcome, the greater the probability that you are wrong.

Ready to make a pitch? Startups looking for an opportunity to pitch CoinFund can apply here!

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The Startup Grind Team
Startup Grind

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