Crypto-centric investment firm Paradigm has recruited in-house tech legal veteran Katie Biber to serve as chief legal officer.
Biber helped build Brex’s legal department, which went fully remote and doubled in size during the pandemic. She, who exited her top lawyer role at fintech unicorn Brex to join Paradigm, entered the tech industry nearly a decade ago, when she joined Airbnb as senior counsel. She entered the crypto realm in 2018, as general counsel for digital asset platform Anchorage.
Before Airbnb, Katie Biber served as the general counsel for Sen. Mitt Romney during his 2012 presidential campaign.
“Being an entrepreneur is like throwing yourself off a cliff, and I’ve had the privilege of supporting some of the very best through their toughest moments. It is because of this experience that the Paradigm ethos appealed to me instantly; founders are front and center, and VCs are fortunate to support them,” Biber said.
Coinbase co-founder Fred Ehrsam and Matt Huang, a former partner at VC company Sequoia Capital, launched Paradigm in 2018. The San Francisco company invests in crypto and Web3 companies. Web3 envisions a more decentralized, blockchain-based version of the internet.
Biber dismissed the turbulence and volatility in the crypto market as “just noise” and asserted that the “promise of Web3 comes into sharper focus with every passing day.”
“It’s no longer just a hunch—I am now confident that today’s builders will democratize finance, create a more equitable internet, and bring us tools that help humans exchange goods, services, opinions, and information” without having to involve or trust third parties in the process, she stated.
Biber stated in her job change announcement that she’ll be focused on “accelerating our hiring” at Paradigm while partnering with the company’s general counsel and compliance chief, Reena Jashnani-Slusarz, and other, including the chief operating officer and policy director.