Jed McCaleb likes to think in large scale, stressing that it only takes slightly more effort than thinking in small scale. It is this philosophy that has served him well in all of his endeavors. The ultimate entrepreneur, Jed likes to solve problems on a global scale. Perhaps that is why he created Mt. Gox, which was the very first online exchange that dealt solely with Bitcoin. That was back in 2010 when few people felt that Bitcoin was a viable currency. It is that kind of foresight that has driven McCaleb to massive success in nearly every venture he has launched.
Currently the Chief Technology Officer and co-founded of Stellar.org, McCaleb always thinks outside the box. His idea for Stellar came from the fact that over 2.5 billion people are unbanked across the world. He saw this as a great opportunity to create a financial infrastructure platform and he expects the need to be grow exponentially in the next decade.
In the early 2000s, Jed McCaleb founded eDonkey, a file-sharing network that became highly successful. In 2011, he founded Ripple which would lead him to forming Stellar just three years later. For McCaleb, thinking big is the key to success. He believes that too many people think small or in niches instead of thinking big. He thinks that it only takes a little bit more effort to think big and that has been his approach in every venture he was undertaken. His goal is to make great products that fill a need for a large number of people. That approach increases a company’s chance of success.
Although Jed McCaleb admits freely that he has failed a number of times, he thinks it is his willingness to take a chance that has led to his biggest successes. He has no plans t stop dreaming big.