Joey Krug

Joey Krug is a prominent figure in the cryptocurrency and venture capital sectors, currently serving as a Partner at Founders Fund, a venture capital firm known for backing innovative technology companies. He joined Founders Fund in April 2023, where he leads the firm's crypto strategy, focusing on identifying and supporting the next generation of crypto startups.15

Background and Career

Before his role at Founders Fund, Krug was the Co-Chief Investment Officer at Pantera Capital, one of the largest blockchain-focused investment firms, from 2017 until 2023. His experience at Pantera included investing in various blockchain projects and contributing to the firm's strategic direction.26

Krug is also a co-founder of Eco, a financial technology platform designed to streamline personal finance by allowing users to spend, send, save, and earn money simultaneously.1 Additionally, he has been involved with several other projects in the crypto space, including Augur, where he served as a core developer, and 0x, where he acts as an advisor.35

Education and Recognition

Krug attended Pomona College, where he studied computer science but dropped out to pursue opportunities in the blockchain field. He was awarded the Thiel Fellowship in 2016, which supports young entrepreneurs.14 His early interest in cryptocurrency began in high school, where he started mining Bitcoin, leading to a deep involvement in the sector.4

Investment Focus

At Founders Fund, Krug is particularly interested in sectors like fintech, biotech, and software, aiming to back companies with strong competitive advantages. His investment strategy emphasizes practical and innovative solutions that address existing gaps in the market.12

Overall, Joey Krug is recognized as a significant player in the evolution of cryptocurrency and blockchain technology, leveraging his expertise to foster new ventures in this rapidly changing landscape.