Marc Weinstein

Marc Weinstein

Signal active

Head of Portfolio Development

Bio

I graduated from Wharton with a BSc in Economics and began my career as an investment banker. In 2012, I left my cushy job at Morgan Stanley to begin an entrepreneurial adventure. My first startup, TINCO, was a financial services business created to protect investors from the purchasing power destruction of then-unprecedented quantitative easing. Although TINCO failed, it led me to purchase my first Bitcoin in 2013.

While building TINCO, I started an advisory business called Satya Management to serve start-ups in the consumer, media & entertainment, and wellness industries.

Through a client, I fell in love with the live events industry and decided to start my 2nd company, 90sFest. 90sFest was a live events platform catered to millennials that pioneered the convergence of experiential marketing with mass social media distribution. We sold 90sFest to Scopus Media in 2017.

It was at this time that I was hired to try to salvage the now infamous Fyre Festival. Many who saw the Emmy-nominated Netflix documentary, Fyre: The Greatest Party That Never Happened, have called me the “voice of reason.”

After Fyre, I saw that my bitcoin investment returned 20x my principal and began deep research on the cryptocurrency industry. I later became Principal at a blockchain-focused venture fund called Wave Financial. I left Wave Financial in 2019 to strike out on my own and continue to advise, coach, and invest in leading entrepreneurs.

I once again fell in love with an industry – sustainable agriculture – and now lead business development at Steward.

Location

N/A

Social

Primary Organization

Mechanism Capital

Mechanism Capital

Founded

2020

Investment

107

Lead investment

25

Exits

2

Employees

11-50

Industry

Financial Services, Venture Capital, Finance, Cryptocurrency, Decentralized Finance (DeFi)

Jobs history

5

Mechanism Capital

Head of Portfolio Development

Invalid date - Current

Mellow Mushroom

Founder

Invalid date - Current

Jefferies

Investment Banking - Mergers & Acquisitions Group

2010 - 2012

Morgan Stanley

Investment Banking - Financial Sponsors Group

2012 - 2013

Steward

VP Business Development

2020 - 2020

Board and Advisor Roles

0

N/A

Invest in regions

Profile Resume

Marc Weinstein is the Head of Portfolio Development at Mechanism Capital, based in United States, North America. With a background in Financial Services, Marc Weinstein has a rich history of leadership and innovation. Marc Weinstein studied BS Economics @ Wharton School of the University of Pennsylvania. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.

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Investment portfolio

Marc Weinstein has made 19 investments. Their Latest investment was Pre Seed Round - Drosera on Feb 15, 2024

Number of investment

19

Number of exits

0

Personal investment

19

Annouced DateOrganization NameFunding RoundMoney Raised
Jul 14, 2023
Ion Protocol Ion Protocol
Pre Seed Round - Ion Protocol
2.0M
Oct 19, 2023
Arcadia Finance Arcadia Finance
Seed Round - Arcadia Finance
2.0M
Feb 03, 2024
Kodiak Finance Kodiak Finance
Seed Round - Kodiak Finance
2.0M
Feb 15, 2024
Drosera Drosera
Pre Seed Round - Drosera
1.5M

Partner investment

5

Exits

0

There is no exit available on this Profile

Invest in industries

Recent Activity

There is no recent news or activity for this profile.