Coinbase Ventures Lead Katherine Wu Leaves for VC Firm Archetype
Wu announced her departure on Twitter after just five months at Coinbase’s venture arm.
Updated May 11, 2023 at 6:00 p.m. UTC
Katherine Wu, who served as Coinbase Global Inc.’s (COIN) senior deal lead of ventures, announced she has left the company to join early-stage crypto investment firm Archetype.
- “Today is my last day at Coinbase. Sometimes you take that leap of faith and it just doesn't land quite right- that's ok! Eternally grateful for the amazing people I've met & proud of the work I've done,” Wu said on Twitter.
- Wu said she will continue to invest and support “the best founders in the crypto ecosystem” but that she was “also excited to spend time exploring some side projects.”
- Wu joined Coinbase in September 2021. Her work history includes roles at pre-seed fund Notation Capital and crypto research and data platform Messari.
- Coinbase Ventures had a record investment year in 2021, having invested in just under 150 deals. The firm said those deals represented more than 90% of the funds the firm has deployed, on a cumulative basis, since its inception in 2018.
- Archetype was founded by Ash Egan, who previously co-founded ConsenSys Ventures. The Archetype portfolio includes DAO builder Syndicate and Meow, a company that connects corporate treasurers to crypto markets.
CORRECTION (Feb. 25, 21:29 UTC): Corrects Wu's tenure at Coinbase Ventures in deck and third bullet point.