Jim Parillo (Figment Capital)

Jim Parillo (Figment Capital)

From Inside the Hutt by Hutt Capital

November 19, 2025 · 53 min · Season 1 · Episode 35

About this episode

Brooke Pollack interviews Jim Parillo about his journey in crypto venture capital and the evolution of Figment Capital.

In this episode of Inside the Hutt, Brooke Pollack interviews Jim Parillo, Managing Partner of Figment Capital. Jim shares his unconventional journey from CPA and tax advisor at KPMG to leading an early-stage crypto venture fund. They explore the evolution of Figment Capital from its infrastructure-focused roots to its current emphasis on application-layer investments. The discussion covers Jim's investment philosophy, thoughts on emerging infrastructure trends, navigating ecosystem bets, and his views on overrated and underappreciated areas in crypto today. Jim also highlights portfolio companies he's excited about and reflects on lessons learned building the firm.      Key Points From This Episode:     Jim Parillo’s background, starting in tax at KPMG before transitioning to Figment Capital.  The origins and evolution of Figment Capital from a validator-aligned fund to an independent early-stage VC.  Strategic shift from infrastructure to earlier-stage application-layer investments in fund two.  The team’s approach to investing primarily at the pre-seed and seed stages.  Insights into portfolio construction and avoiding mandate creep…

People in this episode

Host: Brooke Pollack

Guest: Jim Parillo

Topics covered

  • crypto investing
  • venture capital
  • application-layer investments
  • infrastructure trends
  • portfolio construction
  • ecosystem risk

Keywords

  • crypto
  • venture fund
  • investment philosophy
  • early-stage
  • blockchain
  • portfolio companies
  • infrastructure

Mentioned in this episode

Organizations: Figment Capital, KPMG

More episodes of Inside the Hutt

Explore listener stats, chart rankings, contacts and more on the Inside the Hutt podcast page.