OpenSea CFO Announces Departure on Social Media

OpenSea CFO Announces Departure on Social Media

Brian Roberts is no longer at OpenSea after 10 months on the job, the now-former CFO announced on social media Friday.

"Well it is time for me to come ashore from the 'open seas,'" said Roberts in a LinkedIn post.

Roberts will stay on as an advisor to the company.

During his time at OpenSea, the leading NFT marketplace acquired marketplace aggregator Gem, integrated Solana NFTs, and created a new marketplace protocol called Seaport to help save users transaction fees.

OpenSea also reduced its staff size about 20 percent in July after declining NFT volume reduced the company's income from transaction fees.

Roberts, formerly of Lyft, also reportedly walked back comments when he was hired about planning an IPO for OpenSea.

“Let me set the record straight: there is a big gap between thinking about what an IPO might eventually look like and actively planning one. We are not planning an IPO, and if we ever did, we would look to involve the community," tweeted Roberts at the time.

Roberts said he's still "bullish on web3" despite leaving.

"I’m grateful for the opportunity and proud of many accomplishments but none more than the strength of the finance team at OpenSea. I had the rare opportunity to build a team literally from the ground up and handpicked game changers," he said in the LinkedIn message. "...The company is heads down building and I assure you, the best is yet to come."

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