We are thrilled to announce today the addition of two new co-founders to the team: Prerak Sanghvi and Beau Tateyama. Going forward, Prerak will be our Chief Technology Officer and Beau our Chief Software Architect. I’ve spent almost my entire career working with Prerak and Beau, both at RBC and at IEX, and I can confidently say they are the two most talented engineers I have ever come across. I feel incredibly lucky to be working with them again at Proof.
As many years as I have worked with Prerak and Beau, they have been a dynamic duo far longer. They first teamed up at Bank of America in 2005, and they have stuck together ever since, moving from firm to firm in lockstep as new opportunities have presented themselves. You can read their full bios on our website. Together, Prerak and Beau have built from scratch multiple trading and analytics systems serving a variety of equity trading businesses. I doubt there are many technology folks out there with a more perfect set of experience and skills for what we are trying to accomplish.
But we are not only teaming up with Prerak and Beau because they are brilliant engineers; it is also because they share our conviction for Proof’s mission. They have seen firsthand both the good and the bad within the stock trading ecosystem. They match our enthusiasm for honesty, transparency, curiosity, creativity, and challenging the status quo. Like us, they are excited for the opportunity to step up as leaders of our own company to try to maximize their positive impact on the industry. They also complement our personalities, and we believe their thought processes balance ours exceptionally well. Finally, we all share a tremendous amount of respect for one another.
We have brought on Prerak and Beau as full partners, with equity equal to that of Allison and myself and also subject to six-year vesting. We made a conscious choice to make them both C-level executives, and we have added them to our board of directors. Even though Allison and I had a six month head start, we believe that Prerak and Beau will play just as critical a role to our long-term success, if not more so, and it was important to us that they come on board as true equals. We expect that these past six months will be a blip on the radar compared to the journey we have ahead.
Today we can finally say that our founding team is complete: Allison, Prerak, Beau, Han, and myself. Five engineers trying to take on the financial services industry. Time for the real adventure to begin!