About
Nemil Dalal spent over seven years at Coinbase working on cryptocurrency and blockchain products, including stablecoins, asset strategy, staking infrastructure, wallet technology, and developer platforms. He is a Y Combinator founder and currently serves as a Visiting Partner at Y Combinator.
Nemil Dalal @nemild
At @ycombinator, what we're excited about today: - Stablecoins (new stablecoins, stablecoin applications) - Tokenization - Agentic finance (trading, payments, ...; crypto rails or not) - Trading - New, novel L1s
Jul 30, 2026 Β· β₯ 5
Nemil Dalal @nemild
Launching early incentive tokens make it really hard to figure out product market fit, since you're giving away free money. At YC, we're skeptical of most pre-PMF projects with tokens, with key exceptions around L1s/L2s + RWAs.
Jul 30, 2026 Β· β₯ 3
Nemil Dalal @nemild
Much of what failed in the last bull run is going to come back, just like it did for the Internet. It won't look the same, and it won't succeed with the tokenomics games of the last cycle. But I'm long term bullish on things like loyalty tokens, data collectives, ...
Jul 30, 2026 Β· β₯ 3
Founder/CEO at DreamforgeYC S12
Intro paths
Nemil went through Y Combinator (Summer 2012) β any YC alum in your network can reach them through the YC community.
In turn, Nemil can intro founders to Dreamforge's investors below.