What Happened?
Salt Lake City, UT-based Medici Ventures Resigned Joel Weight as Chief Operating Officer
Date of management change: February 24, 2020
Salt Lake City, UT-based Medici Ventures Resigned Joel Weight as Chief Operating Officer
Launched in 2014, Medici Ventures is a wholly owned subsidiary of Overstock.com, Inc., created to manage and oversee the company`s investments in firms building solutions leveraging and servicing blockchain technologies. Medici Ventures has a growing portfolio of groundbreaking new companies and tech businesses. Named for the Medici Bank of Florence - a pioneer of the double entry bookkeeping that revolutionized money and banking in the Renaissance - Medici Ventures seeks to encourage the adoption of distributed ledgers, and in so doing, precipitate a rebirth of efficiency, security and transparency in financial technology.
Joel Weight is Chief Technology Officer at Overstock. Previously, Joel held various senior IT leadership roles in the industry.
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