Fred Ehrsam: Wiki, Bio, Education, Business, Gender, Family, Net Worth and details:Â Fred is a famous American business executive and investor who is the co-founder and managing partner of cryptocurrency investment firm Paradigm. He is also credited to be the co-founder of cryptocurrency exchange Coinbase. His full name is Frederick Ernest Ersam III.
Fred Ehrsam Life and Education
Ehrsam was born in 1988 in Concord Massachusetts. Interestingly, initially, he played video games professionally in high school and was an avid World of Warcraft player, which introduced him to the concept of in-game digital currencies.
In 2010, Ehrsam did his graduation cum laude from Duke University, earning a B.S in computer science with a minor in economics. At Duke, he was an active member of the Sigma Alpha Epsilon fraternity.
Fred Ehrsam Career
After completing his graduation from Duke, Fred became a foreign exchange trader at the investment bank Goldman Sachs in New York. He learned about Bitcoin, the cryptocurrency, from a Georgetown University professor’s paper and began trading in his free time.
In 2012, Ehrsam and his colleague Brian Armstrong co-founded Coinbase in an apartment in San Francisco, as a way for cryptocurrency enthusiasts to trade bitcoins and other digital currencies. The two met on the Bitcoin subreddit forum on the social networking site Reddit.
Ehrsam served as the first President of Coinbase. He reportedly persuaded to his alma mater Duke to invest in Coinbase’s 2015 Series C, an investment which reportedly increased Duke’s investment by 100 times. In January 2017, he declared that he was leaving the company, but would remain on its board.
He also presumably still owned 8.9% of Coinbase stock, as of April 2021, and was assigned to the company’s audit committee before its April 2021 public offering. In 2018, Ehrsam successfully co-founded cryptocurrency investment firm Paradigm with former Sequoia Capital investor Matt Huang.
Fred Ehrsam Net Worth
Famous Entrepreneur Ehrsam’s net worth is $1 Million – $5 Million at the age of 31 years old. he earned the money being a professional Entrepreneur. he is from the United States. Both he and Brian Armstrong worked for Coinbase.
Here is the full bio of Fred Ehrsam his age, date of birth, height, weight, gender, family, profession, career, birth sign, birthplace, nationality, home town, eye color, hair color, parents, marital status, net worth, education, college, university, and details.
| Full Name | Frederick Ernest Ehrsam III |
| Profession | Businessman |
| Gender | Male |
| Birth Day | 10 May 1988 |
| Age | 32 Years old |
| Height | 6'1 inches |
| Weight | 52 kg |
| Eye color | Blue |
| Parents | Not Known |
| Hair color | Blonde |
| Marital Status | Single |
| Birth place | USA |
| Home Town | USA |
| Nationality | American |
| Net Worth | $950,000 |
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