FuturePerfect VC: Emerging Markets are Bitcoin’s Best Bet

coindesk.com / Pete Rizzo / July 25, 2015

The biggest opportunities for bitcoin and the blockchain lie in their ability to disrupt emerging economies, according to FuturePerfect Ventures founding partner Jalak Jobanputra.

The New York-based firm has emerged as an active investor in companies in the sector, so far participating in funding rounds for Abra, BitPesa,Blockchain, Blockstream and Case, two of which are among the largest so far in the industry’s history.

Going forward, Jobanputra says FuturePerfect is actively looking to invest in post-seed companies raising rounds of $1m–$5m in a bid to scale their efforts. However, it’s a global focus that is compelling the $50m fund, launched in 2014 by Jobanputra following stints at RTP Ventures and the Omidyar Network, that shapes the firm’s thesis on bitcoin and the blockchain.

Her interest in the technology, she explained, came early in 2013 following time spent in Africa analyzing the growth of mobile money services platform M-Pesa.

“That was the perspective I was bringing to learning more about the space,” she told CoinDesk. “Large data, decentralization and analytics, [bitcoin and the blockchain] fit in nicely with where technology in general is headed. It’s not only in the FinTech space, we’re witnessing more decentralization as more machines and devices come online around the world.”

Jobanputra said: