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May 16, 2024
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Former Goldman Sachs employees launch new crypto investment firm


  • Goldman Sachs alumni launch crypto-focused investment firm Neoclassic Capital.
  • The firm aims to bridge the gap between crypto projects and investors in the East and West.

A duo of former Goldman Sachs executives, Steve Lee and Michael Bucella, have established Neoclassic Capital, a venture capital firm focusing on injecting capital into early-stage blockchain-based projects. The Miami-based firm, founded in January, has already garnered investments from industry luminaries like Marc Andreessen and Chris Dixon. Specializing in working with projects in undercapitalized regions and sectors, the firm aims to connect digital asset investors and companies across the globe, leveraging its co-founders’ multicultural experiences and multilingual skills.

Lee, with native fluency in Korean and Japanese, along with Bucella, who brings a wealth of experience from his time in finance and crypto investments, aim to act as conduits for Western projects seeking access to investments and user bases in the East, and vice versa. Neoclassic Capital looks to identify and invest in emerging projects that are “somewhat contrarian,” with a long-term vision of backing companies that could potentially reach millions of daily active users in the future. In addition to Marc Andreessen and Chris Dixon, international investors like Genki Oda and L1 Digital AG have also invested in the firm, signaling growing interest and confidence in Neoclassic Capital’s mission.

Beyond injecting capital into SoFi and GameFi projects, digital asset lending, borrowing, derivatives, and real-world asset tokenization services, Neoclassic Capital plans to expand its offerings to include hedge funds, growth equity, credit, and more. The firm’s unique blend of expertise, cultural background, and investment acumen positions it as a key player in the evolving landscape of crypto investments, connecting the East and West while paving the way for the growth of innovative projects in the industry.

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