# Avichal Garg

> Avichal Garg is the co-founder and Managing Partner of Electric Capital, one of the largest digital assets investment firms globally. A serial entrepreneur who sold companies to Facebook and Google, he previously led product management at Facebook's Local team (responsible for $3.5B in revenue) and worked on search and ads at Google. With both BS and MS degrees in Computer Science from Stanford, Garg has invested in over 100 startups with combined market cap exceeding $50 billion, including Notion, Figma, Cruise, Airtable, and Boom Supersonic. He chairs the Crypto Council for Innovation and serves on CNAS's Board of Advisors, advocating for web3 innovation while leading Electric Capital's engineer-first approach to crypto investing.

- **Role:** Co-Founder and Managing Partner at Electric Capital
- **Organizations:** Electric Capital, Crypto Council for Innovation (Chairman), Center for a New American Security (Board of Advisors), Facebook (former), Google (former), Spool (acquired by Facebook), PrepMe (acquired by Ascend Learning), Frost (acquired by Google)
- **From:** Ohio, United States
- **Nationality:** American
- **Education:** Bachelor of Science (BS) in Computer Science, Stanford University, Master of Science (MS) in Computer Science / Management Science and Engineering, Stanford University
- **Known for:** Built Electric Capital into one of the largest digital assets investment firms, managing over $3 billion in assets, Angel investor in 100+ startups with combined market capitalization exceeding $50 billion, Led Facebook's Local product team generating $3.5 billion in revenue with 400 engineers

## Career timeline

- **2001** — Co-founded PrepMe, an online test preparation platform
- **Early 2000s** — Founded Frost, later acquired by Google
- **2000s** — Joined Google as Associate Product Manager, worked on Search and Ads
- **2010** — Co-founded Spool, a personal internet recorder platform
- **2011** — PrepMe acquired by Providence Equity-backed Ascend Learning
- **2012** — Spool acquired by Facebook; joined Facebook as Director of Product Management
- **2012-2017** — Led Facebook's Local product team (400 engineers, $3.5B revenue), helped build Facebook Connect
- **2018** — Co-founded Electric Capital with Curtis Spencer
- **2023** — Joined CNAS Board of Advisors
- **2024** — Electric Capital participated in Monad's $225M Series A; invested in Bluenote Health
- **2026** — Scheduled to speak at HumanX 2026 on crypto VC landscape

## Achievements

- Built Electric Capital into one of the largest digital assets investment firms, managing over $3 billion in assets
- Angel investor in 100+ startups with combined market capitalization exceeding $50 billion
- Led Facebook's Local product team generating $3.5 billion in revenue with 400 engineers
- Successfully exited multiple startups: Spool (Facebook), PrepMe (Ascend Learning), Frost (Google)
- Helped build Facebook Connect, which became foundation for Facebook's platform strategy
- Chairman of Crypto Council for Innovation, leading web3 advocacy organization
- Pioneered developer activity tracking methodology for assessing blockchain protocol health
- Invested in multiple unicorns including Notion, Figma, Cruise, Airtable, Boom Supersonic, Deel
- Portfolio companies collectively valued at over $50 billion cumulative market cap
- Recognized thought leader on crypto adoption, privacy, and blockchain technology

## Latest updates

- **2026-04** — Scheduled to speak at HumanX 2026 on April 6 about crypto VCs and the battle to fund unstoppable exchanges
- **2025-01** — Electric Capital released 2025 Crypto Landscape review with Maria Shen, highlighting India as largest source of new crypto developers in 2024
- **2024-12** — Electric Capital invested in Bluenote Health alongside 14 other investors
- **2024-04** — Electric Capital participated in Monad's $225 million Series A round led by Paradigm
- **2023-11** — Joined CNAS Board of Advisors alongside Brandon Daniels

## Links

- Website: https://avichal.com
- LinkedIn: https://www.linkedin.com/in/avichalgarg
- Twitter/X: https://twitter.com/avichal

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