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Edward Chin

Founder & CEO at Parataxis Capital

Edward Chin is the Founder and CEO of Parataxis Capital, a multi-strategy investment firm focused on the digital asset sector.13 He co-founded the company in 2019.3 Prior to this, Chin worked as an investment banker at Galaxy Digital, a digital asset merchant bank.3

Chin's professional background includes:

  1. Military service: Captain in the US Army from 2001 to 2005.1
  2. Education:
    • BA from the University of California, Berkeley (1997-2001)
    • MA as a Fulbright Fellow from Yonsei University (2003-2006)
    • MBA from The Wharton School (2006-2008)1

Under Chin's leadership, Parataxis Capital:

  • Oversees about $100 million in assets across three existing funds and multiple separately-managed accounts.2
  • Recently announced plans for a fourth crypto-focused multistrategy fund, expected to hold between $25 million and $50 million in assets at its debut.2
  • Achieved a 341% return net of fees in 2023 for one of its hedge funds.4

Chin is based in New York, New York, United States.1

Highlights

Jun 25 · linkedin

Nvidia's recent historic stock loss has sent shockwaves through the market, with a staggering 13% drop equating to a $646 billion (USD $430 billion) decline in valuation over just three days. This unprecedented event comes after Nvidia's reign as the world's most valuable company by market capitalization.

The sharp decline, from a peak of $198.21 (USD $131.88) to $177.50 (USD $118.11) in just days, has analysts debating the causes. Buff Dormeier from Kingsview Partners highlights concerns about timing, while Neville Javeri from Allspring Global Investments mentions potential AI-fatigue among investors.

As Nvidia slips to third place in market cap, the crucial question emerges: What should investors do? Patrick Moorhead, CEO of Moor Insights & Strategy, advises vigilance on downstream profitability in the AI ecosystem. Jane Edmondson of TMX VettaFi, on the other hand, underlines the resilience of the fundamentals despite the correction.

#Nvidia #AI

Jun 15 · linkedin

I’m happy to share that I’m starting a new position as Revenue Lead / Director of Revenue at Paydibs Sdn Bhd!

Related Questions

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How has Parataxis Capital's Multi-Strategy Fund performed historically?
Edward Chin
Edward Chin, photo 1
Edward Chin, photo 2
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Location

New York, New York