Jim Prosser, head of communications at crypto venture capital firm Paradigm, said early this morning via Twitter that he would be leaving the company after working there for about a year.
“Personal news,” said Prosser’s post, “I’m leaving @paradigm later next month. The past year has been an incredible learning experience alongside the smartest team in all of crypto investing, but I want to take a pause after a decade of demanding roles.”
He previously worked as a communications executive for both Twitter and SoFi.
The Block quoted Prosser last May when he joined Paradigm as saying, "The firm is young and it needs to establish itself and show the world that we are taking a new approach and supporting our portfolio."
Paradigm is a crypto-focused fund founded in 2018 by Fred Ehrsam and Matt Huang. Before creating Paradigm, Ehrsam co-founded the crypto exchange Coinbase, and Matt Huang was a partner at Sequoia.
Since its inception, the San Francisco-based fund has attracted investments from funds such as Sequoia and high-profile university endowments including Harvard, Stanford, and Yale and is one of the leading crypto investment firms in assets under management.
Prosser went on to tweet: “What’s next? Travel, family time, focusing on health, tinkering with a few projects, and generally refilling my tank.”