Tag Archives: Nick Tomaino

Podcast #8: Nick Tomaino on Coinbase, Bitcoin’s Future, and VC

What’s life like after Bitcoin for someone who worked for one of the scene’s biggest players? Can you move on to other things and still remain keenly interested?

Nick Tomaino used to head business development at Coinbase, the US’s most well-known and popular bitcoin exchange. These days he’s principal at Runa Capital — an early-stage investment firm with its eye on “deep tech”. That includes everything from A.I. and drones to regulated markets like fintech, healthcare and education. Nick himself is a big fan of open source projects and wants to look more at the blockchain space.

Did Nick Tomaino Leave the Bitcoin World? Why?

Nick tells Daniel and Jon why he chose to leave Coinbase for the VC world. Further to that, he elaborates on why some companies like Circle have also moved away from the bitcoin space in recent times. Perhaps the industry is stagnant, or there was too much venture capital chasing too few real solutions.

Listen to the episode to find out the details:

Nick also talks on one of our favorite topics at Automata — token crowdsales — but suggests expectations might be “inflated”. Find out why he’s still bullish on blockchain assets in general but warns crowdsales will cause “a lot of pain” for participants.

Runa Capital has only just established a footprint in the US. Nick tells us why the company is still also looking at the rest of the world, with offices in Silicon Valley, London, Singapore and Moscow. The nature of technology, he says, lets anyone start a company anywhere they like. Investors looking at Silicon Valley only are leaving overseas markets underserved.

Are you enjoying the Automata podcast? Tweet out this link to share it with your friends.

Show Notes

Runa Capital homepage
Coinbase homepage
Nick Tomaino’s blog TheControl.co
Subscribe to Automata podcast on SoundCloud