Coinbase Lures More Executives from US Tech Giants

Shilpa Dhar will be serving as vice president of product, and Ravi Byakod will join as VP of engineering.

Coinbase, which anticipates to debut in the public markets, has appointed three veterans from Google, Adobe and PayPal to fill executive roles in the company.

The new appointments will see Shilpa Dhar serving as vice president of product and Ravi Byakod joining as vice president of engineering. Earlier this year, Coinbase hired Surojit Chatterjee, a former vice president of product at Google, to be its chief product officer.

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Shilpa and Ravi will join the exchange’s platform team to help create what the company calls scalable and compliant infrastructure that can keep up with the growing crypto economy.

Shilpa has reportedly spent 14 years at PayPal, most recently as head of products at PayPal-owned payments app Venmo. Now, she will take on product details with Coinbase. Prior to this position, she led the payment giant’s efforts in mobile commerce. Shilpa worked with initiatives including PayPal in-store via Android Pay, Social invoicing, contextual commerce experiences with receipts and product experiences for tokenizing PayPal’s wallet.

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Meanwhile, Ravi joins the US popular exchange from Adobe, where he managed development and operations for their commerce platform. He previously held senior engineering positions at StubHub, eBay, Flipkart, and Google where he worked for more than a decade.

Ravi replaces Tim Wagner, who held the role of vice president of engineering at Coinbase, and left the firm after less than a year in the position. Wagner’s hiring back in August 2018 was significant in part because CEO Brian Armstrong described engineering as core to its strategy of building cryptocurrency products.

As highlighted in the post, Coinbase also welcomed Frank Yoo as VP of Design & Research. He brings nearly two decades of design experience; most recently leading global design and research teams for GSuite at Google. Before the tech giant, Frank’s career was mostly spent building the design function at Lyft and also leading design at Linkedin and Yahoo.

Coinbase, which is valued at an eye-watering $8 billion, has been actively expanding its team from larger technology companies. California-based digital assets exchange expects that such acquisitions of personnel will move their suite of products forward, not only in the US but internationally as well.

In addition to the exchange’s rapidly growing workforce, the mega American crypto exchange has been active in adding more products and listing new coins on its platforms.

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