But Peurifoy, who recently made Forbes’ “30 Under 30 Venture Capital” list, said he uses his chemistry degree from the College of Arts and Sciences more often than one might think.
“The important part about chemistry is it’s very complicated to try to explain to people who are outside the discipline,” said Peurifoy, who also majored in math and has a Ph.D. in organic chemistry from Columbia University. “If you can bridge the gap by being able to explain that complex work to someone outside of it, then what you have is the ability to break down and explain very complex topics.”
That’s a skill that comes in handy in Peurifoy’s work leading investments in gaming and early-stage businesses at Hivemind Capital Partners, a firm focused on blockchain-related investments that launched in 2021 with a $1.5 billion crypto fund. In this role, Peurifoy has to constantly learn about new industries as he evaluates whether to invest in nascent businesses. “In venture, every day you’re introduced to a completely new topic, and because of that, communication becomes incredibly important,” he explained.
Peurifoy also serves as the CEO of Playground Labs, a startup that builds online games incorporating digital assets. In addition, he holds three patents related to alternative energy and has co-authored 20 peer-reviewed scientific articles.
By anyone’s measure, that’s a lot to accomplish before the age of 30. But Peurifoy, who graduated from the University of Miami in 2016, said he was surprised when Forbes included him in the magazine’s 2024 “30 Under 30 Venture Capital” list, which recognizes successful young investors.
Peurifoy first got into the financial sector through his interest in renewable energy. At the University of Miami, where he was a Foote Fellow, Peurifoy was involved in research on materials that can be used to produce solar energy. Then, after completing his Ph.D., he was recruited to Goldman Sachs’ Global Investment Research division, where he focused on renewable and alternative energy strategies. He later worked at a startup before making the transition to venture capital.
As both the CEO of his own company and a founding partner at Hivemind, Peurifoy stays incredibly busy.
Still, he loves his work. “I wouldn’t do anything else,” he said. “I love everything to do with computers and science and math.” The only change he would make, Peurifoy joked, is “if I could somehow inject chemistry into what I’m doing, I would 100 percent do it.”
Peurifoy’s advice for other chemistry and math majors who are interested in entering the business world is to focus on research topics that often get public or private sector funding. He also recommends students try to produce a deliverable—such as a peer-reviewed paper—that they can share with prospective employers. Equally important, he said, is to “get really, really good at communicating exactly what your ideas are.”
No matter what their career goals are, Peurifoy also advises students to get involved in community engagement activities. At the University of Miami, he founded a program called USolar to teach children in elementary schools about solar power.
“Try to get involved in at least one outreach organization,” he said. “You might not only broaden your own horizons but also, importantly, it will give you a better perspective on problems that are real” in order to help come up with solutions.
Irene Mulloy Manning (B.S. ‘18) is an alumna of the University of Miami where she majored in Chemistry with minors in French and Mathematics. During her time at UM (2014-2018), Irene excelled academically (4.0 GPA), performed undergraduate research under the guidance of chemistry professors James Wilson and Orlando Acevedo, and ran Cross Country and Track for three years as a student-athlete. A native of North Carolina, Irene returned to her home state in 2018 to purse a Ph.D. in Chemistry at the University of North Carolina at Chapel Hill.
Irene’s current research at UNC under the direction of Prof. Frank Leibfarth is grounded in polymer chemistry and is focused upon the development of materials capable of water remediation. More specifically, Irene seeks to extract hazardous per- and polyfluoroalkyl substances (PFAS) that are created during the production of multiple consumer products.
Irene has received multiple awards for all her extraordinary achievements. For example, during her time at Miami, she was awarded the Isaac Bashevis Singer Scholarship Recipient & Foote Fellow and the Mary and Elliott Wood Foundation Undergraduate Scholarship. Irene was on the President’s Honor Roll and ACC Academic Honor Roll between 2014-2018. During 2017-2018, she was awarded the American Chemical Society Undergraduate Analytical Chemistry Award, the Mary and Elliott Wood Foundation Graduate Fellow, and the Matthew Stuart Morrison Summer Fellow. The Alternate Awardee: National Defense Science and Engineering Graduate Fellowship (NDSEG) was awarded to Irene in 2019. The Dobbins Fellowship was given to her in 2021. Irene’s most recent awards in 2022 are the Merck Research Award and UNC Graduate School Impact Award.
“We are proud to have such a successful alumna of our chemistry program! It was obvious to me that Irene was special during her time at Miami. She is a superstar with a bright future ahead of her and we were fortunate to be able to help play a role in guiding her towards her goals.” said Orlando Acevedo, chemistry professor.
Irene will be presenting a Webinar as part of the Young Chemists’ Webinar Series presented by Thermo Fisher on April 20th at 11am. Link to Register: https://event.on24.com/wcc/r/3697449/EF7ED739CCF1906462967E335058ADC5