ICYMI: New 21Shares VP of Product is the latest defector from big tech
More and more talent is moving from tech and finance to join fast-paced crypto startups.Crypto exchange-traded product provider 21Shares has snatched former Uber executive Karan Chawla from the ride-hailing and delivery app and named him its new vice president of product.
Speaking with The Block, Chawla said that, having joined Uber when it was still a “big startup,” he was looking forward to returning to a company with that “early-stage feel.” Chawla is not alone. The shift in longtime big tech employees moving to join crypto startups has been picking up momentum. Speaking with The New York Times in December, former Google executive-turned-startup-founder Sridhar Ramaswamy likened it to “a giant sucking sound coming from crypto.”
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