Vinny Lingham

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Vinny Lingham
Vinny Lingham CEO Civic.jpg
Born (1979-02-07) 7 February 1979 (age 46)
NationalityAmerican
Education University of South Africa
Gordon Institute of Business Science
Damelin
Occupation(s)Entrepreneur and Technology Investor
TitleCo-Founder and GP Member of Praxos Capital (2024-present)

Founder and Chairman of Rumi.ai (2020-present)

Co-Founder and Chairman of Civic (2015–present)
Board member of Bitcoin Foundation (the foundation dissolved in 2015)
Awards World Economic Forum Young Global Leaders (2009), Top Young ICT Entrepreneur in Africa Award (2006), Endeavor High Impact Entrepreneur (2006)

Vinny Lingham (born February 7, 1979) is an entrepreneur and technology investor renowned for his significant contributions to the cryptocurrency and blockchain industries. He is best known for his early investments in major blockchain projects such as Solana, Filecoin, and Render, as well as his role as a General Partner at Multicoin Capital from 2017 to 2020. In 2024, he co-founded Praxos Capital, a cryptocurrency money market hedge fund.

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Career

Lingham’s career in technology began in 2003 when he founded incuBeta, an incubator and investment firm that grew into a large enterprise focused on digital marketing and technology solutions. That same year, he co-founded Clicks2Customers, a subsidiary specializing in search engine marketing, which expanded internationally. In 2023, incuBeta was sold to The Carlyle Group, marking a significant milestone in its evolution.

In 2007, Lingham launched Yola (formerly SynthaSite), a platform enabling users to build websites without coding skills. Yola secured substantial venture funding and served millions of users before he shifted focus to new ventures.

Lingham entered the cryptocurrency space in 2012 by co-founding Gyft, a mobile gift card platform notable for its early adoption of Bitcoin payments. Gyft was acquired by First Data Corporation in 2014 for an estimated $54 million. [1]

From 2017 to 2020, Lingham served as a General Partner at Multicoin Capital, [2] a prominent crypto investment firm. During this period, he led the seed investment round for Solana—a high-performance blockchain platform—and served as an advisor to the project. His investment portfolio also included early stakes in Filecoin, a decentralized storage network, and Render, a blockchain-based rendering platform, solidifying his reputation as a key investor in transformative blockchain technologies.

In 2015, Lingham co-founded Civic, a blockchain-based identity verification platform, where he served as CEO until transitioning to other projects. (He currently holds positions as Chairman of Civic Technologies and Rumi.ai, an AI platform focused on capturing valuable information from client calls and interactions.)

Other Activities

Lingham is a prolific angel investor and mentor to startups across the tech and crypto landscapes. He appeared as a “Dragon” on the South African edition of Dragon’s Den in 2015 [3] and later became a Shark on Shark Tank South Africa, [4] offering investment and guidance to entrepreneurs.

Personal Life

Lingham resides in Texas, United States, and holds dual South African and U.S. citizenship. He remains active in the global tech and crypto communities.

Recognition

Lingham’s influence in cryptocurrency and blockchain has earned him coverage in outlets like Forbes, [5] The Wall Street Journal, [6] and TechCrunch. [7] Often dubbed the “Bitcoin Oracle" [8] for his prescient market insights, he is recognized as a pivotal figure in shaping the early cryptocurrency investment landscape.

Awards

Lingham's industry accolades include:

References

  1. Perez, Sarah (30 July 2014). "First Data Acquires Mobile Gift Card Platform Gyft". TechCrunch. Retrieved 5 March 2025.
  2. Chernova, Yuliya (5 December 2017). "Civic's Vinny Lingham Joins Crypto Fund Multicoin". Wall Street Journal. ISSN   0099-9660 . Retrieved 5 March 2025.
  3. "Dragons' Den SA: Meet The Dragons". Mzansi Magic - Dragons' Den SA: Meet The Dragons. Retrieved 5 March 2025.
  4. "Vinny Lingham Will Beef Up Businesses in Shark Tank SA". Vinny Lingham Will Beef Up Businesses in Shark Tank SA. Retrieved 5 March 2025.
  5. Pollock, Darryn. "Vinny Lingham: 'We Need Real Blockchain Use Cases' As Civic Partners With Fortune 500 Company". Forbes. Retrieved 5 March 2025.
  6. Demos, Telis; Vigna, Paul (30 December 2016). "Bitcoin Trounced the Dow This Year". Wall Street Journal. ISSN   0099-9660 . Retrieved 5 March 2025.
  7. Shah, Semil (23 November 2012). ""In the Studio," Gyft's Vinny Lingham Presents A Brilliantly Dead-Simple Idea For Holiday Gift-Giving". TechCrunch. Retrieved 5 March 2025.
  8. Shin, Laura. "'Bitcoin Oracle' Vinny Lingham On Why Bitcoin Is Overpriced". Forbes. Retrieved 5 March 2025.
  9. "Top 100 People in Crypto: Most Influential Leaders". 28 January 2025. Retrieved 5 March 2025.
  10. "Top 500 Most Influential CEOs Powerlist (2015)". web.archive.org. 8 March 2021. Retrieved 5 March 2025.
  11. Wauters, Robin (25 February 2009). "World Economic Forum Announces New Batch Of Young Global Leaders (Mark Zuckerberg, Chad Hurley, Kevin Rose And More)". TechCrunch. Retrieved 5 March 2025.
  12. Poh, Dustin (8 December 2017). "Shark Tank Colombia to Feature Three Endeavor Entrepreneurs as Investors". Endeavor. Retrieved 5 March 2025.
  13. "African ICT Achievers Awards winners announced". Bizcommunity. Retrieved 5 March 2025.