Paradigm Co-Founder Fred Ehrsam Steps Down as Managing Partner, to Focus More on BioScience

Fred Ehrsam, co-founder of Paradigm, announced his role at the company has been shifted from Managing Partner to General Partner.

"I’ll continue to work with our investing & research teams, work with portfolio companies, and fight for good crypto policy, while focusing less on the day to day management of the firm. I look forward to working closely with Matt Huang (another Paradigm co-founder) and the rest of the Paradigm team to keep pushing the frontier of crypto forward." Ehrsam said.

The change in his role will allow him "to carve out some time to explore areas of science that are of personal passion", including BioScience. "There's been a long pre-history of crypto interest in the frontiers of bio," he said, "I have personally been investing in and supporting bio research for several years and am excited to ramp up these efforts."

"I've spent more than a decade on crypto and I am more confident than ever that crypto will be one of the most world-changing technologies of the coming decades," Ehrsam added.

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