Tom Schmidt

Partner at Dragonfly and Advisor at multiple firms

Tom Schmidt is a General Partner at Dragonfly Capital, a prominent global venture fund focused on the cryptocurrency sector. He has a strong background in product management and software engineering, having previously led product initiatives at 0x and served as a product manager at both Facebook and Instagram. His experience also includes software engineering roles at major tech companies like Apple and Microsoft.

Education and Early Career

Tom Schmidt holds a Bachelor of Science (B.S.) and a Master of Science (M.S.) in Computer Science from Stanford University. He has been involved in various roles throughout his career, including founding a startup called nugget and serving as an advisor to multiple companies in the tech and crypto space.

Current Role and Investment Focus

At Dragonfly, Schmidt focuses on investments within the Web3 and crypto sectors, typically engaging in funding rounds ranging from $1 million to $10 million, with a sweet spot around $5 million. He has a record of investments in several notable crypto projects, demonstrating his active involvement in shaping the future of the industry.1 2 3 4

Highlights

Oct 9 · twitter

WOAH! @nic__carter just revealed his new investment thesis at @Permissionless ! https://t.co/3pyubhh5wX

Oct 8 · twitter

every blueanon thinkboi opining on polymarket rn: https://t.co/aOOJ9kquiO

May 8 · TechCrunch

Bitcoin jumped and Coinbase’s app crashed, while Aptos eyes Hong Kong and Telegram rolls out rewards with TON - TechCrunch

Mar 29 · TechCrunch

Nine crypto VCs on why Q1 investments were so hot and how it compares to previous bull market - TechCrunch

Experience

Partner at Dragonfly since December 2019

Product roles at 0x, Instagram, and Facebook; Founder of Nugget; Software Engineering Intern at Apple, Microsoft, and DeepGlint, Advisor at Audius, Heracles Corp, and Betty Labs