
Hugues de Braucourt
145 posts

Hugues de Braucourt
@H2Brauc
Building & investing @geoprotocol @Ledger @PortofinoTech @Solidus_Labs








Raoul Pal realized he's been wildly wrong on crypto's TAM "The TAM of the internet is 6B people. But there's going to be 8.5B AI agents doing microtransactions" "I'm wildly wrong on this by orders of magnitude" AI agents using crypto is the strongest narrative we'll ever have @ForwardGuidance




Here are the Web3 angel investors actively backing builders right now: 1.) Naval Ravikant (@naval) AngelList founder. Early Bitcoin believer. One of the most influential angels in all of tech not just Web3. Backs founders who are building for the long term. Not the next cycle. Focus: infrastructure, DeFi, open source, crypto primitives 2.) Balaji Srinivasan (@balajis) Ex-CTO of Coinbase. Former General Partner at a16z. One of the most crypto-native angel investors alive. Backs builders who understand why decentralization actually matters. Focus: network states, DeSci, Bitcoin, decentralized infrastructure 3.) Tyler Winklevoss (@tylerwinklevoss) Co-founder of Gemini. Co-founder of Winklevoss Capital. Seed and Series A stage. Brings direct operational experience from building a major crypto exchange. Focus: Web3, gaming, media, institutional crypto infrastructure 4.) Evan Luthra (@EvanLuthra) Builder-first philosophy. One of the most active angels backing early Web3 founders globally. Known for hands-on guidance from the ground up before projects reach scale. Regular presence at blockchain events. Active on X with his portfolio. Focus: early stage Web3, AI x blockchain, consumer apps 5.) Kunal Shah (@kunalb11) Founder of CRED. Co-founder of Freecharge. 200+ investments across fintech, consumer internet and Web3. Most active angel investor in Asia with massive reach across India's startup ecosystem. If you're building in India this is your most relevant name on this list. Focus: fintech x Web3, consumer crypto, payments infrastructure 6.) David Tisch (@davidtisch ) Managing Partner at BoxGroup. Co-founder of Techstars NYC. Pre-seed and seed stage. High volume. Hands-on. Strong New York network. Known for backing founders at their earliest. Focus: Web3, FinTech, consumer internet, digital health 7.) Santiago R Santos (@santiagoroel) Former Partner at ParaFi Capital. One of the most respected crypto-native angels in DeFi. Deep understanding of protocol economics and on-chain governance. Focus: DeFi protocols, token design, on-chain infrastructure 8.) Stani Kulechov (@StaniKulechov) Founder of @aave . Now actively angel investing in builders working on DeFi, social and lending primitives. One of the few founders who built a billion dollar protocol and is now backing the next generation. Focus: DeFi, social finance, lending infrastructure, open source 9.) Sandeep Nailwal (@sandeepnailwal ) Co-founder of @0xPolygon . Backs builders through Symbolic Capital. Known for the Nailwal Fellowship supporting individual developers. One of the most builder-friendly angels in the entire ecosystem. Focus: ZK infrastructure, DeFi, developer tooling, Indian builders. 10.) Julien Bouteloup (@bneiluj) Founder of Stake Capital. Builder of Curve ecosystem tools. Deep DeFi native. Backs founders who understand protocol mechanics deeply. Focus: DeFi, MEV, staking infrastructure, yield protocols What angels actually want in 2026 from their own words: - Working code over whitepapers - Real users over projections - Founders who understand the problem personally - Long term conviction over short term narrative - Crypto-native judgment plus execution ability The angels still writing cheques are more disciplined and more focused on fundamentals than ever before. Hype doesn't work anymore. Traction does. How to actually reach them: - Engage with their content genuinely on X - Build something they'd find interesting - Get a warm intro through their portfolio founders - Show up consistently before you need anything Cold DMs work occasionally. Warm relationships work always. Save this for a founder who is fundraising right now.




Web 1.0 came with new channels: - email, search, link sharing, etc Web 2.0 too: - feeds, creators, viral invites, etc Mobile: - app stores, SMS invites, vertical vid, mobile ads What about AI? I’ve been complaining that AI hasn’t come with much. But we’re seeing a big growth channel opening now: Products that are built as APIs/CLIs that can be pulled into new projects by Codex/Claude on the fly Maybe the “AI-native hotel app” doesn’t mean a mobile booking app with an AI chat panel. It means a CLI that can book a hotel for you, that an AI agent can pull into a bespoke answer or project or into code. Bolting on an AI chat panel is this generation’s weak form of AI. Maybe the full reinvention involves making it agent-first not human-first and once you start looking at it that way, a lot of existing products suddenly feel mis-specified. they’re built as destinations, but agents don’t want destinations. they want capabilities. composable, callable, reliable capabilities. So instead of “go to Expedia” or “open the app,” the future interaction is more like: an agent assembles a workflow on the fly. it pulls a flight search tool, a hotel booking tool, maybe a weather model, maybe even your personal preference graph. none of these are full products in the traditional sense. they’re more like endpoints with taste and state. This flips distribution completely. historically you win by owning the surface area. seo, app store ranking, homepage traffic. in an agent world, you win by being the default callable primitive. the thing that shows up again and again in agent-generated plans because it works, has clean interfaces, and returns structured outputs. distribution shifts from “top of funnel” to “top of call stack.” And the crazy part is this might actually compress product surface area dramatically. the best products might look more like tight, extremely well-designed CLIs with opinionated defaults rather than sprawling UIs. almost like the stripe api moment, but for everything. imagine if every vertical had a “stripe-level” primitive that agents preferentially use. there’s also a weird inversion of brand here. humans used to choose brands. now agents will. so the brand becomes partially machine-legible. reliability, latency, error rates, schema clarity. you can almost imagine “agent seo” where the ranking factors are things like success rate across thousands of agent runs, or how easy your tool is to integrate in a chain-of-thought execution loop. This also suggests a new kind of moat. not just data or network effects, but integration depth with agent ecosystems. if claude or codex or openclaw learns that your tool is the safest way to accomplish X, it gets baked into prompts, templates, maybe even fine-tunes. you become a default. and defaults, historically, are insanely sticky. The contrarian take is that most current “AI features” are a local maximum. chat panels, copilots, assistants. they’re transitional. the real end state might look closer to invisible infrastructure that agents orchestrate. the ui is just a debug layer for humans to peek into what the agents are doing. so maybe the new growth channels for ai look like: - being callable - being composable - being reliable at scale in agent loops - being embedded in agent templates and workflows - being the default primitive in a given domain and if that’s right, then the question for any new product isn’t “what’s the ui” or even “what’s the killer feature.” it’s “what’s the minimal, highest-leverage capability we can expose such that agents will repeatedly choose us when building something new.”






