As Coinbase continues on its path to rising the cryptoeconomy and creating an open monetary system for the world, we’ll look to leaders and specialists from a variety of fields to assist information us. Of major significance is our Board of Directors. We look to our Board members and Observers to draw from their areas of experience to counsel us on the whole lot from product improvement to world-class governance practices.
Today I’m excited to announce the addition of two new trade leaders to Coinbase’s Boardroom:
Marc Andreessen, co-founder and working accomplice at Andreessen Horowitz, considered one of the world’s main enterprise capital corporations joins as a Board Observer, and Gokul Rajaram, an government at DoorDash, has joined as a Board Director at the designation of the DFJ Growth Fund and Series C shareholders. Both deliver a wealth of expertise that we’ll put to use to the advantage of the firm, our prospects and the broader group.
Marc Andreessen has a storied historical past in Silicon Valley and was an early believer in the potential of crypto. As far again as 2014, he penned a seminal op-ed in The New York Times that launched many to Bitcoin for the first time. Recently, his “ It’s Time to Build” weblog, written in the wake of the Covid-19 pandemic, has turn out to be a rallying cry for engineers and innovators round the world. An innovator and creator, he’s considered one of the few to pioneer a software program class utilized by greater than a billion folks and considered one of even fewer to set up a number of billion-dollar firms. Marc co-created the extremely influential Mosaic web browser and co-founded Netscape. He additionally co-founded Loudcloud, which as Opsware, bought to Hewlett-Packard for $1.6 billion. He later served on the Board of Hewlett-Packard from 2008 to 2018. In 2009, with cofounder Ben Horowitz, Marc based Andreessen Horowitz, considered one of the world’s premier enterprise capital corporations.
Gokul Rajaram has served on the government group at DoorDash since November 2019, after Doordash acquired Square’s meals supply enterprise, Caviar. Prior to DoorDash, he labored as the Product Engineering Lead from July 2013 to October 2019 at Square, the place he led a number of product improvement groups and served on Square’s government group. Prior to Square, he served as Product Director of Ads from August 2010 to July 2013 at Facebook, the place he helped Facebook transition its promoting enterprise to turn out to be mobile-first. Earlier in his profession, Gokul served as a Product Management Director for Google AdSense, the place he helped launch the product and develop it into a considerable portion of Google’s enterprise. Gokul has served as a Director of Pinterest (PINS) since February 2020, The Trade Desk (TTD) since May 2018 and Course Hero since June 2008.
With Marc and Gokul becoming a member of our Boardroom, two longtime Board contributors shall be transitioning out.
Chris Dixon has contributed to Board and Executive Leadership conferences in an Observer capability for seven years. He was considered one of the earliest buyers in crypto and in Coinbase, and his steering has helped form Coinbase into the firm that it’s at this time. We look ahead to persevering with to profit from his insights on the cryptocurrency trade because it continues to develop.
Barry Schuler will step off as the Series C Director, however we’ll nonetheless profit from Barry’s persevering with contributions as a Board Observer. Having seen the early days of the web, Barry has been an ideal visionary in cryptocurrency, and for Coinbase. His operational expertise operating considered one of the largest early web firms has been extremely useful as we’ve grown.
The firm sincerely thanks each Chris and Barry for his or her previous and persevering with contributions to Coinbase and needs them nicely as they share their information and perception with the subsequent technology of innovators, builders and know-how pioneers. Both of them have been a serious contributor to Coinbase’s success.