Fintech Focus — January 2022
A curated selection of hires and promotions from across crypto and fintech. If you would like to sign up to receive this newsletter, please visit our website.
What We’re Following
We’re thirty-one days into the new year and it’s safe to say your portfolio is shedding numbers faster than your scale📉. Think of it like a new season of The Biggest Loser🏋️♂️, but with tech stocks and crypto.
In happier news, funding for fintech and crypto startups hasn’t slowed down in the slightest🏃♀️. From Bolt and Brex to OpenSea and Fireblocks — these valuations must have a supporting role in Tom Cruise’s next movie, because they are out of this world👨🚀 (seriously though, he’s filming in outer space🛸). Tom, if you’re still taking movie ideas, we’d like to submit an intergalactic interpretation of “The Mob Bosses of Silicon Valley.” If Twitter is any indication, I think we have a major hit on our hands (soft hands only✋, of course).
🍱To feed the hungry bellies of Silicon Valley mob bosses and crypto degens alike, a new restaurant will be opening up in Manhattan that features a “seafood-inspired” line-up and NFT reservation system. Sadly, Meat Loaf will not be making an appearance on the menu (#RIP).
Further supporting the ‘Crypto Plan for World Domination’ (thank you Asymetric🙏), we’d like to formally request that stablecoins replace bonds in the traditional 60/40 allocation. Our money (and apparently everyone else’s) is on USDC, but we’ll take anything that’s not Libra♎️ — or should we say Diem? You know, the stablecoin that Facebook is currently unwinding — or should we say Meta? It feels like there’s a pattern here…🤔
Though you won’t be catching us in Verona anytime soon, we certainly have a packed social calendar going into the next few months, courtesy of our friends at This Week in Fintech. 🌍Whether in Austin (2/10), Boston (2/17), Nairobi (2/23) or Miami (2/24) — stop by and raise a glass to your second favorite newsletter author for launching his own fund🍻!
🧃 Cheers to the end of #dryjanuary,
Blake, Catherine, Elizabeth, Ethan, Hugh, Kali, Kelsey & Scott
Who We’re Following
Blockchain.com: Tom Horton joined as a Board Member. Tom is the former Chairman and CEO of American Airlines. Link Marcie Vu also joined as a Board Member. Marcie is a Partner and Head of Consumer Technology at Qatalyst Partners. Link
Circle: Sherice Torres joined as Chief Marketing Officer. Sherice was previously the CMO of Novi at Meta. Link We’re grateful for the continued partnership of Elisabeth Carpenter and Jeremy Allaire on this assignment.
Coinbase: Nana Murugesan joined as VP of International and Business Development. Nana was previously an MD of International Markets and Mobile Partnerships at Snap Inc. Link Richard Ahrens joined as VP of Engineering. Richard was previously the SVP and CIO of Global Markets, Enterprise Risk and Compliance at StateStreet. Link Thaya Knight joined as Senior Public Policy Manager, Capital Markets Regulatory Affairs. Thaya was previously Counsel to the Commissioner Elad L. Roisman. Link Tobias Lütke joined as a Board Member. Tobias is currently the CEO of Shopify. Link Brian Rocha joined as Head of Coinbase Content Strategy. Brian was previously a Director of Content Strategy & Analysis at Netflix. Link
CoinTracker: Gaurav Garg joined as the Head of Engineering. Gaurav was previously a VP of Engineering at Uber. Link Zack Reneau-Wedeen joined as a Product Lead. Zack was previously the Head of Product, Crypto at Robinhood.
Crypto Council for Innovation: Sheila Warren joined as Chief Executive Officer. Sheila was previously the Head of Data, Blockchain and Digital Assets and an Executive Committee Member at the World Economic Forum. Link
Divvy Homes: John Lee joined as Chief Operating Officer. John was previously a Managing Director, Private Equity at Blackstone. Lucia Franzese was promoted to Chief Revenue Officer. Lucia was previously a VP of Sales and Marketing. Shirley Lin was promoted to Chief Product Officer. Shirley was previously a VP of Product. Link
Jump Crypto: Nathan Roth joined as Chief Marketing Officer. Nathan was previously the CMO at Hinge. Link Mike Porcaro joined as Head of Marketing, Special Projects. Mike was previously the Head of Marketing and Communications at MakerDAO. We are thrilled to have partnered with Kisha Shah Mani and Kanav Kariya on this assignment.
KRH: Chris Lehane joined as Chief Strategy Officer for Katie Haun’s newly-launched crypto fund. Chris was previously the SVP of Policy & Communications at Airbnb. Link Rachael Horwitz joined as Chief Marketing Officer. Rachael was previously an Operating Partner at a16z. Link
Intersection Growth Partners is a retained executive search and investment firm that builds the leadership teams transforming financial services. Our clients include challenger fintechs, global financial institutions and leading investors in the space 🚀.