Vance Spencer: Biography, Career, and Business Insights

Vance Spencer’s Profile Summary

Company	Framework Ventures
Position	Co-founder
Source of wealth	Management and performance fees from Framework Ventures' investments, capital gains from early Ethereum purchases, profits from the sale of Hashletes
Also known as	Crypto investor, early DeFi pioneer, digital collectibles entrepreneur.
Age	Unknown
Education	University of Southern California – Bachelor's Degree in Econometrics and Quantitative Economics
Citizenship	United States
Residence	San Francisco, California, USA
Family	Information about Vance Spencer’s family is
Website, Social Media	https://framework.ventures/

Vance Spencer’s biography

Vance Spencer is the Co-Founder of Framework Ventures, a leading venture capital firm in the blockchain space, particularly known for its investments in the Decentralized Finance (DeFi) ecosystem. Before entering the crypto industry, Spencer worked at Netflix in Los Angeles and Tokyo, where he played a crucial role in the company's corporate development efforts in Asia, particularly the relaunch of Netflix’s Japanese business. His journey into crypto began with an early interest in Ethereum, which he discovered in 2015. This fascination eventually led him to co-found Framework Ventures in 2019 with Michael Anderson. Prior to this, Spencer and Anderson had founded and sold Hashletes, a digital collectibles startup that was the first to have an official licensing deal with the NFL. Framework Ventures, under Spencer's co-leadership, was an early supporter of several prominent blockchain projects such as Chainlink, Aave, and Synthetix. Their strategic bets and innovative approach to DeFi investments have seen Framework Ventures become one of the most influential players in the crypto VC space, managing substantial holdings in assets like LINK and SNX

How did Vance Spencer make money?

Vance Spencer makes money in the following areas:

Management and performance fees from Framework Ventures' investments, capital gains from early Ethereum purchases, profits from the sale of Hashletes
What is Vance Spencer net worth?

As of 2025, there is no publicly available and reliable information regarding Vance Spencer’s net worth.

What is Vance Spencer also known as?

Vance Spencer is recognized as a key figure in the Decentralized Finance (DeFi) movement due to his early and significant investments in key blockchain projects through Framework Ventures. Additionally, he is known for co-founding and successfully exiting Hashletes, an early digital collectibles startup with official NFL licensing, demonstrating foresight in the convergence of sports and blockchain technology. His early career at Netflix in Asia also highlights his experience in corporate development and strategic growth within major markets

Prominent achievements of Vance Spencer

Spencer’s achievements include co-founding Framework Ventures, which became one of the earliest and most influential crypto-focused VC firms, managing over $1.4 billion in blockchain assets. He was an early supporter of leading projects like Chainlink and Synthetix, achieving substantial returns and contributing to the growth of DeFi. Prior to this, he co-founded and sold Hashletes, the first NFL-licensed digital collectibles startup

What are Vance Spencer’s key insights?

Vance Spencer believes in going "all-in" on transformative technologies. His investment approach is centered on identifying and nurturing ecosystems that have the potential to disrupt traditional finance. He values a high level of commitment and risk-taking, as demonstrated by his early bets on Ethereum and projects like Chainlink and Synthetix. His philosophy also emphasizes building token-based networks and scaling them through robust community governance

Vance Spencer’s personal life

Details about his family are private, and no specific information is publicly accessible.

Useful insights

Analyze the use case and real-world application

When evaluating crypto projects, another critical factor is the project’s real-world use case. Top investors and developers always look for meaningful applications that solve real problems.

Identify the problem it solves

One key lesson from experienced Crypto developers like Vitalik Buterin is that a project must solve a real-world problem or significantly improve an existing process. Assess if the project addresses a clear need in industries like finance, supply chain, healthcare, or decentralized applications.
Assess market demand

Crypto Angel Investors often focus on the market demand for the project's solution. If the project serves a niche with little competition or improves existing technology in a meaningful way, it has a greater chance of success. Conduct your research to evaluate whether the project's target market is growing and scalable.
Check for partnerships and adoption

A project that has established partnerships with reputable companies or institutions is generally seen as more credible. Look for announcements of collaborations or endorsements by industry leaders, as these can indicate trust in the project’s potential.