Lengthy-time Lyft CFO departs to turn into CFO at NFT market OpenSea – TechCrunch


Lyft’s long-time CFO Brian Roberts, who took the corporate public, introduced Monday that he was departing the journey share firm that he joined in 2014 to take the identical function at NFT market OpenSea. Roberts had confirmed earlier studies in a Twitter put up

The departure is one other sign of how executives and engineers are migrating from the “conventional” roster of huge tech corporations in direction of so-called Web3 crypto startups. OpenSea is considered one of a number of fast-rising startups within the crypto house, which has seen renewed consideration from enterprise capitalists who’ve minted dozens of crypto unicorns prior to now two years.

OpenSea has been the poster-child startup of the booming NFT trade. The startup raised at a $1.5 billion valuation this summer time. The Info reported final month that OpenSea had obtained affords to boost at a $10 billion valuation.

NFTs have had a very scorching 2021 and whereas many foresaw the growth earlier this 12 months being adopted by a cold winter of inactivity, the choice asset class has continued to take pleasure in builds and busts of enthusiasm whereas serving as a lightning rod of on-line dialog and hypothesis. After an especially lively fall, OpenSea’s enterprise has cooled a bit, however the market nonetheless noticed virtually $1.9 billion in transaction quantity over the previous 30 days throughout over 240k lively crypto pockets addresses.



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