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Charlie Lee

๐Ÿ‘ค Speaker
169 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

But as time goes on and the company gets bigger, the company is worth more, but they're giving out less and less stock options.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

I did that in, well, I didn't go all in on Litecoin in 2013.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

I actually went all in on cryptocurrency.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

I figured out that I want to spend my day job working on cryptocurrency, Bitcoin specifically at that time.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

This is because even when I was at Google, I was spending a lot of my time like

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

kind of in this space, thinking about Bitcoin, thinking about Litecoin.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

So I figured I should just do it full time.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

And Coinbase was one of the few companies that I thought had a lot of potential because they were trying to make Bitcoin easy for the average person to use.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

And Bitcoin, even today, it's really complicated stuff.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

It's hard for most people to understand how it works, why it works, what's all the deal with all these recent forks and stuff.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

So making Bitcoin easy to acquire and spend and use was something that

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

was needed and still needed.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

And that's why I joined Coinbase.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

I did.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

Yeah.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

At Google, the pay was good.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

The benefits were good.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

I was making, I was making $200,000 a year.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

It was half that until I negotiated for more.

SaaS Interviews with CEOs, Startups, Founders
951 How He Created LiteCoin, the Silver to Bitcoin Gold

Well, before that, not only did I take a pay cut, I also, instead of like a five-minute commute, it became a 60-minute commute.