New Economy Fund
We are building for the future of money and value creation. Our hybrid venture and hedge fund invests in seed equity/token investments and liquid cryptoassets.
The New Economy Fund is a hybrid venture and hedge fund that invests in seed equity/token investments and liquid cryptoassets.
Founded in 2018 by Managing Partner Zach Resnick and General Partner Dan Rosen, the New Economy Fund is uniquely poised to capitalize on the infrastructure-building phase of the digital asset market, where a high degree of adaptability is essential to navigate the speed and volatility of the rapidly evolving space.
Our thesis: Markets will opt for programmable, decentralized, deflationary sound money over inflationary, centralized currency. Distributed marketplaces with significant underlying value and a sustained competitive advantage over centralized incumbents will deliver outsized returns.
What is Digital Sound Money? Assets optimized for storing wealth and fast, low-fee transactions that are independent of governments, political parties, and other centralized authorities, and are not subject to sudden inflation or deflation.
What is a Distributed Marketplace? Marketplaces that are cryptographically secured through blockchain technology, where participants can transact in a trusted manner with no central authority. These marketplaces offer previously impossible incentive alignment to ensure good behavior from all market actors.
Want to learn more or book Managing Partner Zach Resnick to speak at your next conference or event? Feel free to reach out to Zach directly at firstname.lastname@example.org. Past example: Node New Economy Series on Mimblewimble.
Zach shares his thoughts on the cryptoasset marketplace and updates about the fund on a monthly basis. The latest newsletter can be found here. Signup link below:
*The investments featured are not a full representation of all investments*
Dan Rosen: General Partner
Dan Rosen is the founder and former CEO/President of Mosaic, the largest financier of residential solar in the United States, deploying over $3B in capital into solar projects. Dan is a lifelong climate and clean energy entrepreneur, and before Mosaic, he worked on leading clean energy companies and projects in Israel and the Southwestern United States. Dan began investing in blockchain technology in early 2017, around which time he began managing a cryptoasset portfolio with his partner, Zach Resnick.
Zach Resnick: Managing Partner
Zach Resnick is the founder of poker education company Just Hands Poker, and of miles and points consulting service EasyPoint. During his early 20s, Zach lived off his earnings from playing high-stakes cash games and investing in other cash game players, providing a unique understanding of risk management that is largely shaped through leveraging volatility to outperform others in the high-risk high-reward situations of poker. In mid-2016, Zach made his first personal investment in Bitcoin, and in late 2016 began a disciplined due diligence process for investing in cryptoassets.
Partners & Advisors
Daniel’s life has been shaped by a fundamental belief that entrepreneurship is the answer to nearly all the issues we face today. He has been recognized by Inc. Magazine as a “30 under 30 entrepreneur” and by Forbes as one of the “top 30 most impactful entrepreneurs” of the year. In 2013, he received the prestigious “Entrepreneur of the World” award along with Richard Branson & the President of Liberia at the Global Entrepreneurship Forum. Today, this passion for entrepreneurship has led to Daniel becoming the founder and CEO of Unreasonable. Unreasonable is dedicated to supporting entrepreneurs positioned to bend history in the right direction.
Mike has been a management consultant for the past 6 years and recently transition from the Boston Consulting Group, where he spent the last four years, to a Chief of Staff position at Oshi Health, a healthcare startup focused on digital disease management for patients with IBD. Mike is passionate developing technology-based companies that have a positive impact on the world, including blockchain businesses across a variety of sectors. With extensive experience in strategy, business development and financial modeling, Mike helps the New Economy Fund conduct due diligence on target assets and assists portfolio companies on growth strategy, network design and tokenomic modeling.
Mike is an early stage investor with experience in Direct Sales, Alliances, SaaS, Business Development, and Venture Capital, He co-founded PuenteLabs, an organization helping the best Latin American companies and entrepreneurs scale their businesses. He has served as a mentor, advisor, or investor to over 50 startups from the US, Europe, and Latin America including Ustream, Violin Memory, Cornershop, Mosaic, Wireline.io, MetalPay, CargoX, and Endeavor. Acquiring companies include IBM, Walmart, LinkedIn, CBS, HItachi, Rakuten, Groupon, and IPO.
Mr. Rutkevitz’s finance career started in 2001 as a consultant for Citi Bank, Bear Stearns, and Morgan Stanley. In 2006 he started working for Satori Capital Management, an asset-based lending hedge fund specializing in senior secured commercial mortgages. There he managed a team of loan originators and underwriters. In 2009, Mr. Rutkevitz left Satori and moved to help grow Alleon Healthcare Capital, where his chief responsibility is to establish relationships with healthcare providers and intermediaries and assist in the underwriting process. In 2017 Mr. Rutkevitz began investing in early stage cryptoassets and ICOs.
Jane is an active Asia-based entrepreneur, investor, and advisor in the blockchain space. She is currently Head of Business Development at CoinFi, a platform offering real-time intelligence and customizable financial products to cryptocurrency traders. She also works on business development for Origin X Capital, heading up their liquidity management team, and is an advisor to Lumen Capital Partners. She first started working in blockchain in 2016 as a founding team member of ZenCash (now Horizen), an encrypted ecosystem building an on-chain governance module and a DAG protocol.
Garrett, a radical distributor of power, founded the first tokenized-equity company when he was 16 years old. With a small investment of bitcoins from the initial token holders, he grew it to become a $1M company in two years. Garrett has built blockchain infrastructure architecture and token models for leading financial institutions and startups in Europe, Asia, North America, and New Zealand. Now he focuses on creating systemic change at the intersection of blockchain and energy.