Former Lyft CEO Roberts Joins Crypto Startup OpenSea
Brian Roberts, Lyft’s long-time CFO who helped the business go public, revealed on Monday that he was leaving the ride-hailing startup he joined in 2014 to take the same position at NFT marketplace OpenSea. In a tweet, Roberts corroborated earlier reports.
The move is yet another evidence of how executives and engineers are shifting away from “conventional” big tech corporations and toward so-called web3 crypto startups. OpenSea is one of numerous fast-rising crypto firms that have rekindled the interest of venture capitalists who have produced dozens of crypto unicorns in the last two years.
The burgeoning NFT market has made OpenSea the poster-child startup. This summer, the startup raised $1.5 billion in funding. Last month, The Information reported that OpenSea had received offers to raise $10 billion.
Consumers using platforms with varying levels of support for each network may experience certain difficulties while using various blockchains. Some NFT investors are also wary about purchasing products on blockchains that are less well-known than Ethereum, fearing that newer chains would lose support over time. However, the more user-friendly adjustments are expected to be highly greeted by the larger NFT community, which has seen an influx of new interest stress-test its systems and emphasise the need for user interface and user experience upgrades.
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