Tuesday, November 28, 2023

Crypto Wave: Engineers And Executives Leave Million-Dollar Salaries In Big Tech

Engineers and executives are leaving their million-dollar jobs in big tech companies to join the crypto wave. They are chasing their big crypto dream, a once-in-a-generation opportunity.

Sandy Carter left her job as vice-president of Amazon’s cloud computing unit for a mere crypto technology company. And she is not regretting it. Carter highlighted the incredible momentum at her new workplace, describing it as a ‘perfect storm’. Carter is not the only one. There are hundreds like her leaving Google, Apple, and Amazon for the crypto industry.

They believe crypto is the next big thing. This may be the transformation moment that the world has been waiting for. This crowd of professionals will take the crypto industry to historical parallels to mint a new generation of billionaires who will stand out from the likes of Elon Musk, Jack Dorsey, Mark Zuckerberg, and Jeff Bezos.

Sridhar Ramaswamy, CEO of Neeva and former Google executive, says the crypto industry is like a giant typhoon that just keeps on sucking. He feels it is like the 1990s again. The internet is being reborn into a chaotic world of emerging technologies and opportunities.

In the post-COVID world, crypto has been rebranded as Web3. It underwent the same marketing processes as Facebook to Meta and Jack Dorsey’s Square to Block. This adds more fuel to rumors that crypto is indeed going to change the world through the internet. And this mania is being driven by those pushing to get rich quickly. And a mere investment in crypto will definitely have one running and laughing to the bank.

And then there are crypto products like NFTs which has got the art and entertainment world glued. Brian Roberts, chief financial officer, Lyft, believes there has been a paradigm shift. And something ‘big’ is going to emerge.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

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