Ego Death Capital
Fund Size
Fund I: $25.2M (closed). Fund II: $100M (closed).
Thesis
Bitcoin-only venture capital targeting Series A investments in rapidly scaling Bitcoin startups. The firm's name reflects Booth's philosophical view that understanding Bitcoin requires letting go of existing mental frameworks, an 'ego death.' Their thesis centers on Bitcoin's emergence not just as a store of value but as a foundational layer for a decentralized internet tied to energy.
Portfolio
Fedi, Breez, Relai, Synota, Wolf, LN Markets, Ark Labs, Speed, and Simple Proof, among others.
Why It Matters
Ego Death Capital brings an unusual combination of traditional finance credibility (Pitt's Goldman background), entrepreneurial experience (Booth), and deep Bitcoin thought leadership (Alden) to a single fund. Closing its $100M Fund II was a signal that serious institutional capital is now committed to Bitcoin-only Series A investing.