Amber Baldet Reveals Why She Left JP Morgan to Start Her Own Blockchain Startup
Once a blockchain program lead for America’s largest bank, Amber Baldet left Wall Street to start her own business. She joins entrepreneur and bitcoin advocate Charlie Shrem on the Untold Stories podcast to explain her decision, and discuss where the cryptocurrency movement is going today.
“I knew what banking was when I went into it, but I was interested in the power structures and how this stuff really worked,” Amber Baldet says. “I didn’t think at the time that going to work for a startup and being on the other side of the wall was actually going to help me be disruptive.”
After a while, Baldet discovered that she wasn’t able to do a lot of the research and development work she wanted to do. “A lot of the work that needs to be done to make these systems really usable at production scale, you can’t do that from inside a financial institution. I mean, they’re a publicly traded company. Their mandate is to increase value for shareholders,” she explains.
With a desire to do more of the technical work, Baldet switched tacks and started Clovyr, a blockchain startup “working on creating an infrastructure and coordination developer tooling.”
You can listen to the full conversation here.
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