By Brian Armstrong, CEO and Co-Founder

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 consultants from a spread of fields to assist information us. Of major significance is our Board of Administrators. We glance to our Board members and Observers to attract from their areas of experience to counsel us on all the things from product improvement to world-class governance practices.

At the moment I’m excited to announce the addition of two new business leaders to Coinbase’s Boardroom: Marc Andreessen, co-founder and working companion at Andreessen Horowitz, one of many world’s main enterprise capital companies joins as a Board Observer, and Gokul Rajaram, an govt at DoorDash, has joined as a Board Director on the designation of the DFJ Progress Fund and Collection C shareholders. Each convey a wealth of expertise that we’ll put to make use of to the advantage of the corporate, our clients and the broader group.

Marc Andreessen has a storied historical past in Silicon Valley and was an early believer within the potential of crypto. Way back to 2014, he penned a seminal op-ed in The New York Times that launched many to Bitcoin for the primary time. Just lately, his “It’s Time to Build” weblog, written within the wake of the Covid-19 pandemic, has turn out to be a rallying cry for engineers and innovators all over the world. An innovator and creator, he is among the few to pioneer a software program class utilized by greater than a billion individuals and certainly one of even fewer to ascertain a number of billion-dollar corporations. 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, one of many world’s premier enterprise capital companies.

Gokul Rajaram has served on the chief group at DoorDash since November 2019, after Doordash acquired Sq.’s meals supply enterprise, Caviar. Previous to DoorDash, he labored because the Product Engineering Lead from July 2013 to October 2019 at Sq., the place he led a number of product improvement groups and served on Sq.’s govt group. Previous to Sq., he served as Product Director of Adverts from August 2010 to July 2013 at Fb, the place he helped Fb transition its promoting enterprise to turn out to be mobile-first. Earlier in his profession, Gokul served as a Product Administration 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 Commerce Desk (TTD) since Could 2018 and Course Hero since June 2008.

With Marc and Gokul becoming a member of our Boardroom, two longtime Board contributors will probably be transitioning out. Chris Dixon has contributed to Board and Government Management conferences in an Observer capability for seven years. He was one of many earliest traders in crypto and in Coinbase, and his steering has helped form Coinbase into the corporate that it’s at this time. We stay up for persevering with to profit from his insights on the cryptocurrency business because it continues to develop.

Moreover, Barry Schuler will step off because the Collection C Director, however we are going to 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 working one of many largest early web corporations has been extremely useful as we’ve grown.

The corporate sincerely thanks each Chris and Barry for his or her previous and persevering with contributions to Coinbase and desires them properly as they share their data and perception with the following era of innovators, builders and expertise pioneers. Each of them have been a significant contributor to Coinbase’s success.

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