Our team of 20 includes former founders, developers from Google and OpenAI, growth hackers, designers, product strategists, and simulation engineers.
The company is advised by monetary economists, members of the Paypal Mafia, billion-dollar company founders, a former SEC Commissioner, mathematicians, governance experts, and many many lawyers. So many lawyers.
A fairly unique culture has evolved inside the Reserve team. Here are some things we value:
Team members are straightforwardly driven to build the first cryptocurrency that gets used like real money. This sounds trite, but it's experientially quite different than, say, a group that is participating in an edgy startup narrative, or a group that is "trying to get into crypto." The result of this cultural setup is remarkably low amounts of politicking compared to most companies since you don't need to question a fellow team-member's motives. Our cultural straightforwardness has wide-ranging consequences. When it makes sense to give harsh direct feedback to one another, we do so. (It’s preferable to not beat around the bush.) When it makes sense to relax, joke around, or take naps, we do so. (It’s silly to pretend to work hard when one needs to recover.) When it makes sense for senior team members to temporarily pass off management duties and do grunt work, they do so. (We respect one another, so there’s little need to maintain status-signaling.) And so on.
Many team members clock in 10hr+ days, including full days on Saturday. This is not company policy, it’s because we are each obsessed in our own way with our work. This dedication is present because team members are intrinsically motivated and energized by their contribution – whether it's solving fundamental economic puzzles, translating complex incentive systems into code, growing our network of partners to attack the problem together, or preparing Reserve to improve the lives of people in inflationary economies. Basically, no one treats our work like a day job. This leads to high trust. (Note: We are more than happy to bring on skilled people who are unable to work so many hours – a couple members of our team are currently in this position and it is not a problem.)
Decisions are made using reason and evidence, rather than deferral to authority or persuasive appeals. Members of our team are trying to understand how the world works and act from this understanding to make our currency work. Each team member is expected to bring curiosity and epistemic rigor to the table. We like to hire people who crave the truth, even if they occasionally get "nerd-sniped." We think this type of approach is crucial for any project this big; we have an enormous responsibility to get this right, and we have an enormous economic incentive to do so quickly.