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 rideshare firm that he joined in 2014 to take the identical function at NFT market OpenSea. Roberts 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 massive tech firms towards so-called web3 crypto startups. OpenSea is certainly 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 up to now two years.

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

NFTs have had a very scorching 2021, and whereas many foresaw the growth earlier this yr 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 a particularly lively fall, OpenSea’s enterprise has cooled a bit, however the market nonetheless noticed nearly $1.9 billion in transaction quantity over the previous 30 days throughout over 240,000 lively crypto pockets addresses.

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