Two days after Chris Matta earned a prized promotion at storied investment bank Goldman Sachs, he shocked his bosses. He decided to walk away from it all.It was mid-December, and Matta had just been told that after six grueling years toiling at Goldman, he had made vice president.

Matta, who oversaw billions of dollars in investments in the wealth management division, had just climbed a rung of Wall Street’s hierarchy and was in line for more pay and status.But Matta, 28, had a new goal in mind. All throughout 2017, the bitcoin he owned exploded in value.

With the help of two former colleagues from Goldman, Matta wanted to create an investment vehicle to take advantage of the intense interest in cryptocurrencies. He couldn’t wait.”It’s safe to say, you leave a good amount of money on the table walking away from Goldman,” said Matta, who resembles Jared Dunn, a character from the HBO show “Silicon Valley.”

“But I saw it as a calculated risk.” Read more from…

thumbnail courtesy of