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Chris Larsen, the co-founder and former CEO of Ripple, has teamed up with the city of San Francisco to contribute $1.7 million to a new nonprofit that will aid small companies in their recovery from the pandemic. According to a press release issued by San Francisco Mayor London Breed on Wednesday, the “Avenue Greenlight” initiative seeks additional support from individuals and philanthropic organizations to distribute grant funds to San Francisco’s 34 different merchant associations in underserved areas. According to the release, each organization will receive $50,000 in the coming months to enhance the protection, cleanliness, and beauty of various areas of the city.
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2019: Started 14 of the team’s 14 games at left tackle… Finalist for the Upshaw Award on a national level… Both the AP and the D2CCA named him first team All-America… Don Hansen Football Gazette and D2CCA both voted him first team all-region… Also named to the first team of the PSAC West… Blocked for a team that ranked second in first downs, third in scoring, fifth in passing yards per game, eighth in red zone production, and ninth in total offense in the nation… Game-by-Game Details
2018: Played in all 14 games… Started the first two games of the season at left guard before moving to left tackle for the final 12 games… Helped block for a PSAC offense that finished second in rushing (202.7 yards per game), third in scoring (37.2 points per game), third in 3rd-Down Conversion percentage (.447), and fifth in passing yards per game (255.6)… 2017 Game-by-Game Stats: Appeared in all 11 games… At left tackle, he started 10 games… Helped anchor a line that ranked fifth in passing, eighth in fourth down conversions, 11th in scoring, 11th in third down conversion, 21st in first downs, and 24th in total offense in the nation… Game-by-Game Details
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Chris Larsen was born in the year 1960 in San Francisco, California, on the United States’ West Coast. His father worked for United Airlines as an aeromechanical technician at San Francisco International Airport (SFO). His mother worked as an independent illustrator.
Larsen earned a bachelor’s degree in international business and accounting from San Francisco State University in 1984. He completed his post-graduate studies at the Stanford Graduate School of Business, where he earned an M.B.A in 1991.
He started his professional career immediately after graduating from San Francisco State, beginning with the oil giant Chevron. He was in charge of financial audits for the company’s Asian and South American activities, with a particular emphasis on Indonesia, Brazil, and Ecuador. Chris made the decision to return to school and pursue a post-graduate degree during this period.
Chris and Janina Pawlowski co-founded E-Loan in 1996, making it one of the first online mortgage lending companies in the United States. The concept of offering a service that enabled borrowers to access loans directly without the use of brokers was unheard of at the time E-Loan was established. Both Chris and Janina were allegedly motivated by a mutual hatred of the mortgage lending industry’s high fees and commissions. As a result, they wanted to start their own company to take advantage of the Internet’s rising power at the time to eliminate the high fees associated with mortgage lending.
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According to Larsen, focusing on 5G and AI should not overshadow China’s challenge of digital currencies and blockchain technology. The Chinese government, according to Larsen, has subsidized vast quantities of energy needed to power cryptocurrency “miners.” “At least 65 percent of cryptocurrency mining is concentrated in China,” according to Larsen, “which means the Chinese government has the majority required to exert control over those protocols and effectively block or reverse transactions.”
Larsen cites an article claiming that China has more than 65 percent of the global bitcoin hashrate, despite the fact that the total hashrate in the sample “might not be entirely representative,” according to the University of Cambridge Centre for Alternative Finance (CCAF), which conducted the study. According to the CCAF, their analysis “…represents just a little more than a third of the overall hashrate,” and all of the data comes from three Bitcoin mining pools based in China. In the future, the CCAF hopes to publish a more detailed report that will “…include data from major mining regions such as Siberia in Russia, Washington and New York States in the United States, Québec and Alberta in Canada in upcoming papers.”