{"id":217545,"date":"2019-03-25T15:36:26","date_gmt":"2019-03-25T19:36:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=217545"},"modified":"2024-06-06T18:47:01","modified_gmt":"2024-06-06T18:47:01","slug":"r3-co-founder-leaves-company-over-creative-differences","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/r3-co-founder-leaves-company-over-creative-differences","title":{"rendered":"R3 Co-Founder Leaves Company Over Creative Differences"},"content":{"rendered":"
R3, an enterprise blockchain company that develops the Corda platform, has just lost its co-founder Jesse Edwards, reports CoinDesk<\/a>.<\/p>\n Edwards commented on his departure to CoinDesk:<\/p>\n \u201cIt\u2019s true that my work here is done and it is time to move on. This has been one of the best experiences of my professional career, and I am incredibly privileged to have worked alongside such a talented and passionate team in building this business. R3 has broken away as the market leader and standout partner of choice for professionals looking to apply this technology to their industries. I couldn\u2019t be prouder.\u201d<\/p><\/blockquote>\n It appears that the co-founder didn\u2019t agree with R3 on how to bring more investors buy and trade Bitcoin<\/a>\u00a0and other cryptocurrencies through the Corda<\/a> platform. Before leaving, Edwards had worked on \u201ca side fund targeted for $50 million to $60 million,\u201d reports an anonymous source.<\/p>\n However, the company board instead wanted \u201can internal corporate development function\u201d. This project would help startups entering the Corda platform with finding funding. That, and it would look\u00a0into acquisitions and other partnerships with fully-formed companies.<\/p>\n However, Edwards wanted \u201cto set up his own independent investment shop, one dedicated to driving Corda adoption globally,\u201d says R3. Due to their differences, \u201cit makes sense for him to explore his own path, which we fully support,\u201d continues R3. \u201cJesse remains an investor in and a close friend of the firm, and we look forward to working with him closely in the future\u201d.<\/p>\nA Respectful Departure<\/h3>\n