Joe Lau
$1.5B
Born
Jul 01, 1989
Age
36
Source of Wealth
Blockchain technology
Residence
Stanford, California
Citizenship
United States
Marital Status
Single
Children
0
Education
Bachelor of Arts/Science, Stanford; Master of Arts/Science, Stanford
- Joe Lau cofounded Alchemy, whose software powers thousands of blockchain-based Web3 companies.
- Alchemy, founded in 2020, was valued by private investors at $10.2 billion in February; Lau owns an estimated 26% stake.
- Forbes estimates that Alchemy is now worth around $6 billion as the valuations of private tech companies have generally fallen from their peaks in early 2022.
- In December 2021, the company announced the launch of Alchemy Ventures, which invests in current clients with the goal of bootstrapping the industry.
- Lau and cofounder Nikil Viswanathan, both Stanford grads, found initial success with meetup app Down to Lunch, briefly topping the Apple Store charts.
- Alchemy's team consists of engineers from Google, Facebook, Microsoft, LinkedIn and Pinterest, some of them college friends of Viswanathan and Lau.
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