Ripple IPO: David Schwartz Makes Key Expose on His Stock Option
With talks with investors continuing and Ripple valued at an astounding $11 billion, expectations for the company’s future IPO plans are growing.
CEO at Ripple.
Bradley Kent “Brad” Garlinghouse is CEO of financial technology company Ripple. He was formerly the CEO and Chairman of Hightail (formerly YouSendIt), the file sharing site. Prior to Hightail, he was President of Consumer Applications at AOL for two years, after his role as Senior Vice President at Yahoo! running its Communications business which included the Homepage, Flickr, Yahoo! Mail, and Yahoo! Messenger. While at Yahoo! he penned the famous Peanut Butter Manifesto calling for a shake up at the then fledgling Internet company.
Garlinghouse also had stints at Silver Lake Partners, Ventures, Home Network, SBC Communications and was CEO of Dialpad Communications. He is an active angel investor in over 40 companies including hardware company Pure Storage, AI startup Diffbot, and Indigo Agriculture. He is a board member at Animoto, and OutMatch, and previously held board positions at Ancestry.com, and Tonic Health.
Ripple
Feb 6th, 1971
American
California, United States
University of Kansas, BA in Economics
Harvard Business School, MBA
Ripple - CEO
With talks with investors continuing and Ripple valued at an astounding $11 billion, expectations for the company’s future IPO plans are growing.
Steingraber stated that while the price of XRP is currently determined by supply and demand on exchanges, traditional finance institutions such as Bank of America are restricted from using the asset due to regulatory requirements
The latest argument centers on the accusation that the exchange discriminated against institutional investors during the sale of XRP through its On-Demand Liquidity (ODL) platform.
Considering Ripple’s position and reputation in the crypto ecosystem, the new stablecoin is likely to be a tough rival for USDT and USDC.
According to the Ripple CEO, Bitcoin ETF market and the network’s upcoming halving will spike the crypto market by 100% this year.