Balaji Srinivasan is an American entrepreneur and investor who has co-founded and successfully sold multiple companies in the fields of genetics, bitcoin, and software. He has also held positions as the former Chief Technology Officer (CTO) of Coinbase and a former general partner at Andreessen Horowitz. According to various sources, as of 2023, Balaji Srinivasan has an estimated net worth ranging from $50 million to $150 million. His net worth primarily stems from successful exits and investments in various startups and technology companies. Some of his notable income sources include:
Counsyl: A genetic testing company co-founded by him in 2007, which was later sold to Myriad Genetics for $375 million in 2018.
Earn.com: Originally founded as 21 Inc in 2013, this bitcoin startup pivoted into a platform that allowed users to earn digital currency by responding to emails. He sold it to Coinbase for $100 million in 2018 and assumed the role of Coinbase’s first CTO.
Teleport: A job search engine co-founded in 2014, which he sold to Topia in 2017.
Angel investments: He has made investments in several companies, including Airbnb, Stripe, Instacart, ZenPayroll, Soylent, Coin Center, Polychain Capital, Filecoin, Helium, among others.
“The Network State”: This bestselling book, self-published in 2022, explores the concept of a network state capable of crowdfunding resources to build autonomous cities and states.
Balaji Srinivasan is renowned for his bold predictions and investments in the future of technology and society. Notably, he recently placed a $2 million bet that bitcoin would reach $1 million per coin within 90 days. He is also a proponent of the network state, which he believes will eventually supplant the nation-state as the dominant form of social organization.
Balaji Srinivasan’s Life and Career
Balaji Srinivasan is an American entrepreneur, investor, and author known for co-founding and investing in numerous companies in computer science, genetics, digital currency, and blockchain technology. He previously served as the Chief Technology Officer (CTO) of Coinbase and as a general partner at Andreessen Horowitz.
He was born on May 24, 1980, in Plainview, New York, and holds BS, MS, and PhD degrees in Electrical Engineering, along with an MS in Chemical Engineering, all earned at Stanford University. In addition to his entrepreneurial pursuits, he has taught online courses in computer science and biotechnology.
Among his notable ventures, he co-founded Counsyl, a genetic testing company specializing in Mendelian disease screening, which was acquired by Myriad Genetics for $375 million in 2018. He also co-founded Teleport, a job search engine that was acquired by Topia in 2017.
In 2013, he joined Andreessen Horowitz as a general partner, where he invested in numerous successful tech companies and crypto protocols. Balaji Srinivasan also co-founded 21 Inc, a Bitcoin mining startup that later transformed into Earn.com, a platform enabling users to earn digital currency by responding to emails. Earn.com was acquired by Coinbase in 2018, and Srinivasan became its inaugural CTO, although he left Coinbase in 2019.
He is widely recognized as an angel investor, supporting innovative startups like Alchemy, Ava Labs, Bitcoin, Cameo, Chainlink, Clubhouse, Dapper Labs, Deel, EPNS, Ethereum, Instadapp, Lambda School, Mighty, NEAR Protocol, OnDeck, Opensea, Replit, Republic, Roam Research, Solana, Soylent, Superhuman, Synthesis, XMTP, and Zora.
Balaji Srinivasan is also an author, having penned “The Network State: How To Start a New Country,” a book proposing the concept of decentralized digital communities that pool resources to establish new autonomous cities and states.
His accomplishments have earned him recognition from various publications and awards, including MIT Technology Review’s “Innovators Under 35,” Fortune’s “The Ledger 40 Under 40,” and the Wall Street Journal’s Innovation Award for Medicine, all acknowledging his significant contributions to the fields of computer science and medicine.
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