Earn.com Founder Balaji S. Srinivasan ‏Is Leaving Coinbase

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.

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.”

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.

Leave a Reply

Your email address will not be published.