Facebook’s blockchain group that was launched by David Marcus in May, has posted six job opening. Five of them are for a public policy manager, a software engineering manager in Israel, a media director and two jobs in marketing. While the sixth one has grabbed everyone’s attention as it is for the “head of business development & partnerships”
According to the post regarding the job, the candidate needs to be someone who can “lead, grow and mentor a global team of experienced business development professionals.” and has at least 15 years of dealmaking experience. In January, Facebook’s CEO Mark Zuckerberg said in his 2018 mission statement that he’s interested in the technology because of how it decentralizes power. Since then the world has been speculating how, when and what Facebook will do in blockchain industry.
On May 8, Facebook Messenger leader David Marcus boosted the speculations as he announces that he is switching jobs so he could set up a “small group to explore how to best leverage Blockchain across Facebook, starting from scratch.”
Time for a new challenge! After four amazing years leading Messenger, I'm going to setup a small group to explore how to best leverage Blockchain for Facebook. I will miss my fierce Messenger team, but I'm excited about the journey ahead. My full note: https://t.co/nBKAr7vyj9
— David Marcus (@davidmarcus) May 8, 2018
Marcus joined the board of Coinbase, the leading cryptocurrency exchange, five months earlier and stepped off the board last month citing “appearance of conflict,” as a reason.
No deets about Facebook’s intention and direction regarding blockchain has been revealed as of yet. Taking an assumption from the job posting, it seems that the platform is considering new financial services and “new ways to share information,” and is building an artificial intelligence platform for the project.
The job posting has been gaining attention due to Facebook’s reputation for big acquisitions, that have played a central role in its expansion. Most notably, in 2014 Facebook spent $19 billion on WhatsApp, snapping up a leading messaging platform. Its next two biggest deals were for photo app Instagram ($1 billion) and virtual reality hardware developer Oculus ($2 billion).
Although the post does not spell out acquisitions in the job details, saying that the executive will help lead “strategy and investments while also negotiating and closing deals” seems self-explanatory. A Facebook spokesperson declined to comment.
The facebook blockchain team head by Marcus currently includes Kevin Weil, vice president of product; James Everingham, head of engineering; Evan Cheng, director of engineering; and Morgan Beller, who works on strategy. Just last month, Arik Sosman, joined Facebook’s blockchain group as a software engineer.