# Alexander Pack

> Alexander Pack is a crypto venture capitalist who co-founded Hack VC and Dragonfly Capital, pioneering early-stage Web3 investments across the U.S. and Asia. A former Bain Capital Ventures director who launched their crypto practice, he's been the first institutional investor in three unicorns and has seeded hundreds of Web3 startups. Pack manages over $425 million in crypto-focused venture funds and co-founded Imperii Partners, a global crypto-native investment bank.

- **Role:** Co-Founder & Managing Partner at Hack VC
- **Organizations:** Hack VC, Imperii Partners, Dragonfly Capital, Bain Capital Ventures, AngelList, Huobi Global
- **Nationality:** American
- **Education:** Bachelor of Arts (High Honors), College of Social Studies, Wesleyan University, High School, Hopkins School
- **Known for:** Co-founded Dragonfly Capital, which grew into a multi-billion dollar Web3 investment firm, First institutional investor in three unicorn companies, Launched Bain Capital Ventures' crypto and Web3 investment practice in 2016

## Career timeline

- **2013-2014** — Product Manager at Microsoft in Redmond, Washington
- **2014** — University Teaching Fellow at Princeton in Asia
- **2014-2015** — First analyst on AngelList's investment team
- **2015** — Promoted to Partner at AngelList, founding partner on the deal team
- **2016-2018** — Director of Network Investing at Bain Capital Ventures, launched their crypto investment practice
- **2018** — Co-founded Dragonfly Capital with Bo Feng, raising $100M initial fund
- **2019** — Co-founded Imperii Partners, a global crypto-native investment bank
- **2020** — Stepped down as Managing Partner of Dragonfly Capital, continued as Venture Partner
- **2021** — Co-founded Hack VC with Ed Roman
- **2022** — Hack VC launches $200M crypto seed fund backed by Sequoia Capital, Fidelity, a16z's Marc Andreessen and Chris Dixon
- **2024** — Hack VC raises oversubscribed $77M Fund III, bringing total AUM to $425M+

## Achievements

- Co-founded Dragonfly Capital, which grew into a multi-billion dollar Web3 investment firm
- First institutional investor in three unicorn companies
- Launched Bain Capital Ventures' crypto and Web3 investment practice in 2016
- Co-founded Hack VC, raised $150M Fund I with 1.7x net returns
- Successfully raised oversubscribed $77M Fund III for Hack VC in 2024
- Seeded hundreds of Web3 startups throughout career
- Notable portfolio investments: Crusoe Cloud (unicorn), EigenLayer, Berachain, AltLayer, Numerai, dYdX, Compound, Coda, Celo
- Co-founded Imperii Partners, described as the leading crypto-specialist investment bank
- First analyst on AngelList's investment team, helped pioneer syndicate investing model
- Senior advisor to Huobi, one of Asia's leading crypto exchanges
- Graduated with High Honors from Wesleyan University's prestigious College of Social Studies
- Won Jeremiah Peck Greek Prize for excellence in Ancient Greek at Hopkins School

## Latest updates

- **2024-09** — Hack VC raises oversubscribed $77M for Fund III, exceeding $80M target and bringing total AUM to $425M+
- **2024-03** — Hack VC Fund I demonstrates strong performance with 1.7x net returns on deployed capital
- **2026-02** — Dragonfly Capital (Pack's former firm) closes $650M fourth fund, one of largest crypto VC funds despite market downturn

## Links

- Website: https://www.hack.vc
- LinkedIn: https://www.linkedin.com/in/alexpack
- Twitter/X: https://x.com/alpackaP

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Profile page: https://yespress.io/alex-pack
Published by YesPress — https://yespress.io
Last updated: 2026-05-02