Coinbase Product Head Departs for a16z Crypto

Surojit Chatterjee, who served as the chief product officer for cryptocurrency exchange Coinbase (COIN), has joined venture capital firm Andreessen Horowitz (a16z) as an executive in residence for its crypto unit, according to a tweet.

“Super excited to join @a16zcrypto as Executive in Residence (EIR) and learn from some of the smartest brains in the business. Looking forward to helping out founders and builders scale their businesses. Let’s build…,” Chatterjee tweeted.

Chatterjee joined Coinbase in early 2020, according to his LinkedIn, and didn’t specify a reason for his departure. He previously spent more than a decade at Google, where he worked on payments, advertising technology and commerce, including the development of Google Shopping.

Earlier this year, Coinbase said it planned to reduce its headcount by about 20% due to the impact of the crypto winter.

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