Fred Ehrsam is a businessman, investor, and software developer from the United States. He is best known as the co-founder and managing partner of the cryptocurrency investment firm Paradigm, as well as the co-founder of the cryptocurrency exchange Coinbase
Fred Ehrsam was born in Glenview, Illinois, a suburb of Chicago, on May 6, 1987. He was interested in computer programming from a young age, and his passion for technology led him to study computer science at Duke University in Durham, North Carolina. Ehrsam graduated from Duke in 2010 with a Bachelor's degree in Computer Science.
After graduating from Duke, Ehrsam began his work at Goldman Sachs as a trader. He worked at the investment bank for two years before leaving to pursue his entrepreneurial goals. In 2012, he teamed up with Brian Armstrong, a former Airbnb engineer, to create Coinbase.
Ehrsam served as Coinbase's first president and contributed to the company's early growth. He was also instrumental in establishing Coinbase Ventures, a venture capital arm that invests in potential blockchain and cryptocurrency firms.
In 2017, Ehrsam departed Coinbase after five years to focus on other initiatives and investments. He remained a consultant for Coinbase and a supporter of blockchain technology and cryptocurrencies.
In addition to Coinbase, Ehrsam has been involved in several other successful ventures in the cryptocurrency and blockchain space. In 2018, he co-founded Paradigm, a cryptocurrency investment firm that focuses on trading, mining, and investing in blockchain projects. The firm has raised over $1 billion in capital and is considered one of the top cryptocurrency investment firms in the world.