Hey, I’m Sumukh. A curiously wandering through space and time. During college, I built an ecommerce business, that allowed me to generate surplus funds to invest in ethereum & bitcoin. Then went on to team up and build a decentralised exchange called ezether. Parallely, I was investing through firstprinciples.vc and understood a learnt a lot about VCing, building and technology startups. We went onto incubate and build shvasa.com from firstprinciples.
I’m currently exploring how we can give borrowers cheaper credit and investors better returns through tokenization.
On the side I work on building and scaling d2c e-commerce brands as part of a rollup firm. I also have a small syndicate that invests in crypto projects.
Foundational belief systems/ mental models I live by
"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it." - Einstein
"Holding on to anger is like grasping a hot coal with the intent of throwing it at someone else; you are the one who gets burned." - Buddha
"A fit body, a calm mind, a house full of love. These things cannot be bought - they must be earned."- Naval
“People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I'm actually as proud of the things we haven't done as the things I have done. Innovation is saying no to 1,000 things.” - Steve Jobs
This dance is the joy of existence - Rumi
A river cuts through rock, not because of its power but because of its persistence. - Jim Watkins
You are the author of your own life, and it’s never too late to replace the stories you tell yourself and the world. It’s never too late to begin a new chapter, add a surprise twist, or change genres entirely. - Tim Ferriss
Currently interested in
Impact on financial markets of more efficient securitization
A new type of bank wouldn’t be in the same construct as current banks. It would be a marketplace/protocol where investors can be matched with borrowers in an efficient way. All the bloat/risk that opaque banks add to the system will be destroyed.