Devin Finzer Explained

Devin Finzer
Education:Brown University
Known For:Co-founder and CEO of OpenSea

Devin Finzer (born 1990) is an American entrepreneur and technology executive. He is the co-founder and chief executive officer of OpenSea, a marketplace for non-fungible tokens.[1] In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires.[2]

Early life and education

Devin Finzer was born in 1990; his mother is a physician while his father works as a software engineer.[3] [4] Finzer grew up in the San Francisco Bay Area and attended Miramonte High School in Orinda, California.[5] [6]

Finzer matriculated at Brown University, where he earned a bachelor's degree in Computer Science and Mathematics in 2013. In his junior year at Brown, Finzer worked with future Figma founder Dylan Field to create CourseKick, a socially-oriented search engine for university course registration.[7] Just two weeks after the site launched, 20% of undergraduates had registered.[8] While at Brown, Finzer interned at Wikimedia Foundation, Google Cloud Platform, and Flipboard. After graduating, he took a job at Pinterest in San Francisco as a software engineer.[3] [9]

Career

Finzer co-founded two tech start-ups, including Claimdog, a personal finance app acquired by Credit Karma for an undisclosed amount.[2] At Credit Karma, Finzer became interested in blockchain technology. With Alex Atallah, Finzer developed and pitched WifiCoin, which would offer tokens in exchange for sharing access to a wireless router. The pair pitched the concept to Y Combinator and were accepted. Inspired by the release of CryptoKitties, the pair pivoted to the non-fungible token market, founding OpenSea in December 2017.[2]

After a 2018 pre-seed round by Y Combinator, OpenSea raised $2.1 million in venture capital in November 2019. In March 2021, the company raised $23 million in venture capital; four months later the company announced another investment round of $100 million making it a unicorn.[10] In January 2022, OpenSea raised $300 million in new series C funding, propelling the company's valuation to $13.3 billion.[11]

In July 2021, Finzer was listed 19th on Forbes "NFTy 50" list of most influential individuals in the non-fungible token scene.[12]

Notes and References

  1. Web site: Devin Finzer Fortune NFTy 50. 2022-01-06. Fortune. en.
  2. Web site: Haverstock. Eliza. The First NFT Billionaires: OpenSea Founders Each Worth Billions After New Fundraising. 2022-01-06. Forbes. en.
  3. Web site: Show of 12-18-2021 Techtalk, Profiles in IT: Devin Finzer. 2022-01-06. en-US. 2022-01-06. https://web.archive.org/web/20220106020516/http://techtalk.stratford.edu/2021/12/18/show-of-12-18-2021/. dead.
  4. Web site: Kauflin. Jeff. What Every Crypto Buyer Should Know About OpenSea, The King Of The NFT Market. 2022-01-22. Forbes. en.
  5. Web site: 2009-08-28. Miramonte grads leave behind climate change lessons. 2022-01-07. East Bay Times. en-US.
  6. Web site: California Climate Champions: Project Carpool Climate Watch KQED Science. 17 July 2009 . 2022-01-07. en-US.
  7. Web site: New course tool links to Facebook. 2022-01-06. The Brown Daily Herald. en-US.
  8. Web site: CourseKick revamps post-registration. 2022-01-06. The Brown Daily Herald. en-US.
  9. Web site: A Crypto World. 2022-01-06. www.brownalumnimagazine.com. en.
  10. Web site: Matney. Lucas. 20 July 2021. NFT market OpenSea hits $1.5 billion valuation. 29 November 2021. TechCrunch.
  11. News: Isaac. Mike. 2022-01-05. OpenSea valued at $13.3 billion in new round of venture funding.. en-US. The New York Times. 2022-01-06. 0362-4331.
  12. Web site: Devin Finzer Fortune NFTy 50. 2022-01-10. Fortune. en.