Produced | Tiger Sniff Financial Group
The author | Zhou Zhou
The head art | Visual China
Web3 is becoming a new career choice for more and more Silicon Valley scientists.
On Jan. 7, Julien Gaillard, chief data scientist at Twitter Spaces, announced that she would join DeFi lending platform Aave. He tweeted: "Web3 was chosen because its core values lie in decentralization, innovation, fairness, and experimentation. ”
"Web3 and data science are a natural pair, and on-chain data is inherently high-quality, traceable, and open source," he says. "Open source and transparency make him very excited about what he is going to do next.
Twitter screenshots
Former Twitter colleagues and "passing" netizens congratulated Julien on his finding a good job. A netizen asked curiously: "You change jobs because you see a huge opportunity in Web3, it is difficult to have a bigger breakthrough in the traditional Web2 field, or is there another reason?" ”
The answer to this question may be self-evident. Regardless of China and the United States, the development of Internet giants in the Web2 era represented by Google, Amazon, Alibaba, and Tencent has become more and more stable, and it is becoming more and more difficult to get super high returns on equity, salaries and ranks with strength as 10 years ago.
In Web3 companies, however, this kind of thing happens every day.
Web3, the "new way out" for Internet people
The biggest difference between Web3 and Web2 is that one is decentralized and one is centralized.
At present, the Internet industry we are in is a highly centralized industry, that is, the Web2 era. After nearly 20 years of development, the innovation of the entire industry has been solidified, and the Internet industry in the Web2 era has become one of the most involuted industries today.
However, the Internet industry in the Era of Web3 has only just begun. A trend is spreading from Silicon Valley to the entire United States, and this trend is gradually spreading globally: top talent is moving from centralized companies to decentralized companies.
One of them is Chatterjee, who "stepped down" as Google's vice president a year ago to become chief product officer at cryptocurrency company Coinbase. In April 2021, Coinbase went public with a market capitalization of more than $50 billion and Chategi's stake exceeded $600 million.
Google is not the only Internet company that needs to worry about brain drain, Amazon, Twitter, Facebook, Apple and other large centralized Internet companies have found that their talents are not just circulating within the scope of their peers as in the past, but flocking to the Web3 world represented by the blockchain industry. For example, David Marcus, facebook's head of cryptocurrency business, left the traditional internet industry and joined the blockchain startup project, and Lyft, the chief financial officer of taxi company, joined the blockchain star company OpenSea, which just raised $300 million this month to prepare for the listing.
Capital has always been the bellwether of the times. Many professionals who have invested exclusively in the Internet have also joined the team that invested in the Web3 track. Matt Huang, a partner at Sequoia Capital, abandoned the traditional Internet investment track and instead set up a venture fund like Paradigm that invested heavily in Web3.
On December 20, 2021, the Hurun Research Institute released a report that fintech is currently the world's first unicorn industry, the number of unicorns reached 139, the total value accounted for 19.5%, more than the software services, e-commerce these two major industries unicorns, many of which are themselves a member of The Web3, such as Coinbase, OpenSea, etc., and some are traditional Internet giants, Web2 era trendsetters such as the United States' Alipay PayPal, Square et al., they are also actively transforming to understand and join the decentralized world in the hope that they will not be abandoned in the Web3 era.
How to Become a Web3 Talent?
Web3 is not a new term, it was proposed several years ago. The actual reason for its explosion in 2021 is that concepts such as NFTs and DAO can be widely practiced and applied.
In foreign countries, NFT has penetrated into all aspects of people's lives, nearly 10 million accounts are trading NFTs, Nike, Coca-Cola, New York Times, Ferrari and other star companies in various industries are deeply involved in NFT content creation and brand marketing; in China, Ali Tencent Jingdong B station ... Almost all internet giants have been involved in NFT's entrepreneurial projects.
THE DAO (Decentralized Organization) has made people realize that the modern company is only a product of recent decades, it is also changing, and most of us will be able to work and live in the new organizational form in the future. We can come up with an idea through the DAO, and then unite all the people in the world who share the same ideas to do one thing and get the corresponding benefits. For example, it is difficult for us to buy Da Vinci's painting alone, but if there is a "Leonardo da Vinci's painting in the Palace Museum DAO", it will make people who hold this idea gather together, use the strength of the group to bid for a painting, and decide where a painting should be exhibited.
Of course, whether it is NFTs or DAO, in the process of development, they will encounter various fraud problems and become unstable factors in society. At present, China is also prohibiting the application of Web3 with financial attributes, hoping to protect the property safety of the masses to the greatest extent, which may make Web3 more healthy and safe.
From cryptocurrencies to Defi, NFTs, DAO... The decentralized world depicted in Web3 is changing rapidly and is gradually approaching us. In the circle breaking again and again, Web3 has proved its vigorous vitality, even in the case of strong supervision and de-finance, it can still burst out a lot of energy and combine with various traditional industries.
Silicon Valley Internet people are already "migrating" to Web3, with the development of NFTs and more technologies and projects, the future of domestic Internet people may also have better track options.