- David Marcus, ex-Meta government for Facebook Messenger, has announced the advent of his new firm, Lightspark.
- Lightspark will focal point on constructing, exploring and creating on the Bitcoin Lightning Community.
- Marcus notes his passionate belief that ended in this decision used to be the “need for alternate in our payments and financial methods.”
David Marcus, Facebook Messenger’s frail lead and earlier PayPal government, announced the advent of Lightspark, a firm furious by constructing, exploring and creating on Bitcoin’s Lightning Community, per an announcement.
Marcus illustrious that Lightspark’s first step may perhaps possibly possibly be the advent of a crew dedicated to diving into the Lightning Community and that “Downturns are good moments to focal point on constructing and creating place with mission-aligned of us,” as bitcoin’s place in the intervening time sits round $28,000.
Marcus will back because the CEO of Lightspark and a replacement of ex-Meta, beforehand identified as Facebook, executives may perhaps possibly even shield government positions, per a epic from TechCrunch.
While runt print are sparse on the companies and products and products to be supplied by Lightspark, a list of traders used to be provided for the firm’s first round which integrated: Thrive Capital, Coatue, Felix Capital, Ribbit Capital, Matrix Partners and Zeev Ventures. A16Z and Paradigm also participated and co-led this round.
Marcus did convey on the dearth of data provided on the firm’s public outline declaring “We’re furious to dive into Lightning, study extra, and work alongside the crew. We’ll portion extra about our work as we construct growth!”
Marcus is credited with co-creating the stablecoin mission Diem, beforehand identified as Libra, that used to be sooner or later canceled by Meta attributable to regulatory pressures.
On November 30, 2021 Marcus announced that he may perhaps possibly possibly be leaving a seven-twelve months commitment with Meta on the tip of the twelve months. At that moment in time, Marcus gave us a stare that he may perhaps possibly possibly be getting into the bitcoin ecosystem when he said “I remain as passionate as ever concerning the need for alternate in our payments and financial methods.”
