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The Ethereum Foundation almost went bankrupt before Ethereum was even one year old
Ethereum launched in July 2015
The presale raised $18,000,000 in Bitcoin the year before but by the time the network went live, BTC dropped and the Foundation was literally bleeding money
ETH was trading between $0.70 and $2.00 and the entire market cap was $80,000,000
Swiss regulations prevented the Foundation from accessing its own genesis Ether, so the team that built Ethereum couldn't touch the ETH they created
One person kept it alive
Her name is Ming Chan a Swiss born Chinese American MIT graduate, was hired as Executive Director on August 1, 2015, the day after the launch
She navigated Swiss compliance, cut costs and held the Foundation together long enough to finally unlock access to its own funds
Ethereum core developer Péter Szilágyi later tweeted:
"Ethereum owes its existence to Ming Chan, for keeping the Foundation afloat long enough to pass Swiss regulations and gain access to its genesis Ether
Without her, high chance the Foundation would have gone bankrupt before Ethereum's 1st birthday"
She resigned in January 2018 and almost nobody in crypto knows her name