Saturday

Earn.com Founder Balaji S. Srinivasan ‏Is Leaving Coinbase


Balaji S. Srinivasan, founder of Earn.com and CTO of Coinbase, publicly announced his exit from the company in a pair of Tweets last night.


“Coinbase was fun and it was energizing working with so many great people. I’ll be taking a bit of time off to get back in shape — and up to speed on everything happening while I was heads down,” he wrote. “More soon!”


“The Earn integration was successful and we’ve closed ~$200M in deals for the new Coinbase Earn. Was also my privilege to help with shipping new assets, launching USDC, & getting staking/voting going.”


Coinbase bought Earn.com in 2018 and made Srinivasan CTO after months of rumors. Earn started as the secretive and well-funded 21E6 aka 21.co which released a mining product before pivoting to a service that paid users for answering questions.


Srinivasan is Stanford graduate who holds a PhD in Electrical Engineering and an Masters in Chemical Engineering. A rumored misfit in the organization led to the exit.


“We are very grateful to Balaji for all of his contributions to Coinbase,” wrote a Coinbase PR spokesperson. “His efforts over the past year have had a major impact on the trajectory of the company. He’s on to his next challenge and we wish him well.”



Srinivasan’s exit is one of many that happened after the company’s $300 million raise.


Image via CoinDesk archives.

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