Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Former a16z partner Kathryn Haun to retire from Coinbase board, focus on venture portfolio

The BlockThe Block2024/04/20 21:55
By:The Block

Quick Take Coinbase’s board is expected to shrink from eight to seven members as Kathryn Haun retires after seven years in order to focus on her crypto venture investment portfolio, Haun Ventures.

Former Assistant U.S. Attorney and Andreesen-Horowitz partner Kathryn Haun has announced her upcoming resignation from Coinbase's board following seven years of service. 

In a post on X announcing her decision , Haun said Coinbase is "well-positioned to thrive" but given the "remarkable expansion state" of crypto, she was looking to double down on venture investing through her company Haun Ventures. 

Haun's praise towards Coinbase was returned by many notable crypto community members and Coinbase staff, including CEO Brian Armstrong, who called her a "force of nature" who took a chance on Coinbase and helped them to go public. 

The resignation will take effect at Coinbase's Annual Meeting of Shareholders expected later this summer. In a filing, the board said it expected to shrink its overall size to seven after losing Haun, one of two women currently serving as board director. 


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
APR up to 10%. Always on, always earning.
Stake now!

You may also like

CIO of a Giant Investment Company Reveals His Prediction for the Level of Bitcoin Price in the Near Future

Bitwise senior manager Matt Hougan shared his thoughts on the future of Bitcoin price in his statement.

Bitcoinsistemi2024/09/28 19:24

US spot Bitcoin ETFs log highest inflow day since June, two-month high in total value

Following a seven trading day streak of inflows and bolstered by the rising price of Bitcoin, the total assets held by US-based spot Bitcoin ETFs has reached a two-month high.Friday also marked the largest inflows to the funds since early June, a nearly four-month high.

The Block2024/09/28 18:33