John Paul Milciunas

Managing Director, Baselayer Ventures
John Paul Milciunas, 3x founder and 4x CEO, brings operator-CEO perspective—he led SPI Dynamics to a $90M HP acquisition and builds Confidential Health Services and Duelit as founder-peer.
How to contact John Paul Milciunas
Stages their fund invests in
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Avg Check
$500K
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Does their fund Lead?
Yes
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Geos their fund invests in
USA
John Paul Milciunas
Stages their fund invests in
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Sectors their fund invests in
Web3 / Crypto
Gaming / VR
AI
Health
Climate
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Avg Check
$500K
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Leads?
Yes
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About John Paul Milciunas

John Paul Milciunas is a 3x founder and 4x CEO turned VC at Baselayer Ventures who led SPI Dynamics, a web security startup acquired by Hewlett-Packard for $90M, giving him an operator-CEO perspective on product development and exits rather than a purely financial background. He continues building companies as Founder of Confidential Health Services and Co-Founder/Advisor at Duelit while investing, positioning him as a peer to founders who is actively navigating company-building alongside backing it.

John Paul Milciunas's Interests

What they've been talking about across their social media accounts
  • Strong affinity for Georgia Tech and its athletics program, frequently cheering on the Yellow Jackets and engaging with alumni updates, such as congratulating Coach Brent Key on new appointments.
  • Value placed on tenacity and the grind of building a company, highlighted by his belief that a founder must be willing to sprint without knowing the distance of the race to avoid guaranteed failure.
  • Firm stance on accelerating innovation over slowing down, explicitly stating he bets on the technologist over the Luddite every time and suggesting the industry should double down on AI research and development.
  • Analytical approach to ecosystem events and market mechanics, such as dissecting the Silicon Valley Bank collapse as a failure of internal risk management practices rather than external VC behavior.

About their Fund

Baselayer Ventures

Sectors
Web3 / Crypto, Gaming / VR, AI, Health, Climate
Rounds
Seed - Series A
Avg Check Size
$500K

Baselayer Ventures is led by a repeat founder who was a 3x founder and 4x CEO before becoming a GP, bringing an operator-CEO viewpoint to evaluating and supporting founders rather than a traditional finance background. The fund focuses on "baselayer" technology infrastructure like cloud, data, analytics, and AI systems that other applications depend on, and has built a reputation as an early institutional backer of specialist, high-skill teams in niches like quantitative digital asset strategies where founder-market fit and domain depth matter more than broad consumer brand.

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