Michael is one of the cofounders of CoinAlpha, a platform for blockchain-based funds. In October, CoinAlpha launched the world's first blockchain-native hedge fund that complies with US securities law.Prior to CoinAlpha, Michael was cofounder and CEO of doxIQ, a venture-backed startup that utilized computer vision to extract structured data from unstructured documents. In 2015, Michael led doxIQ to an successful acquisition by Nitro Software, Inc, a leading document productivity company. After the acquisition, he led product management at Nitro.Previously, Michael spent 9 years as a derivatives structurer and trader at JPMorgan and Citigroup, where he created over $7 billion in new securities. In 2004, he created and traded the first derivatives backed by mortgage-backed securities, 3 years before the events depicted in The Big Short.Michael has a MS in Management Science from Stanford University and a BS in Economics from the University of Pennsylvania.