When ConsenSys, a Brooklyn, New York–based firm that builds decentralized applications and blockchain ecosystem tools on Ethereum, launched a $50 million venture arm, it turned to Kavita Gupta to run it. Working closely with Joe Lubin, the founder of ConsenSys and one of the early founders of Ethereum, Gupta began spearheading efforts to fund early stage Ethereum-based startups through ConsenSys’ rapidly growing network.
A native of India, Gupta received the UN Social Finance Innovator Award in 2015. She has done work at the World Bank, leading the organization’s youth innovation fund. Gupta also has vast experience in the investment world, with stints at high profile firms like McKinsey, HSBC and International Finance Corporation.
Following the recent Cyber Day event she presented at on the campus U.C.L.A, Bitcoin Magazine spoke to Gupta about her journey in working with ConsenSys Ventures.
On Working With Joe Lubin and Vitalik Buterin
A few years ago, Gupta had the good fortune of meeting ConsenSys founder Joe Lubin at a very small luncheon organized by the World Bank. “We had a three-hour conversation and I was a convert. Over the ensuing months, we kept brainstorming ideas about investments in the blockchain space. Hearing about Ethereum got me super excited!”
Since joining the team as the head of ConsenSys Ventures, Gupta’s respect for Lubin has continued to grow. “He’s extremely visionary. As you know, Ethereum is a huge ecosystem and, even though ConsenSys is at the epicenter of it, there are a lot of other players taking things in various directions. So I admire Joe’s patience and faith, specifically his ability to work tirelessly each day with a smile on his face in a now 600+ person company with locales in 28 countries.”
Gupta admits to having been a bit intimidated the first time she met Ethereum founder and mastermind, Vitalik Buterin, but was quickly won over. “Somehow I had it in my head that I shouldn’t approach him and that if I didn’t have a