Happy Friday, everyone. It’s finance editor, Jeff John Roberts, stepping in for Allie. I’m curious what Term Sheet readers—many of you from the startup and VC world—think of the following: a company on the cusp of an IPO taps one of its earliest venture capitalists to step in as top executive and get it across the finish line.
This isn’t just a hypothetical. In August, I joined Tribe Capital co-founder Arjun Sethi at his home in Menlo Park to hear about his latest gig—running Kraken, the respected cryptocurrency exchange, as it gears up to go public next year. As our recent profile reveals, Sethi is an unusual guy:
“My neighbors think I’m under house arrest,” observes Arjun Sethi. It’s not hard to see why. On the driveway of Sethi’s comfortable Menlo Park home, located a few miles from