Union Square Ventures Adds First GC Amid Coinbase Haul (Correct)

Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency exchange Coinbase Global Inc., has hired its first general counsel.

Samson Mesele, who spent the past half-dozen years as a corporate associate at Wachtell, Lipton, Rosen & Katz, confirmed in an email to Bloomberg Law that he became the New York-based venture capital firm’s first legal chief last month.

USV, co-founded by partners Fred Wilson and Brad Burnham, invested $2.5 million in Coinbase back in 2013. Coinbase, now the largest U.S. cryptocurrency exchange, saw its valuation soar past $100 billion following a direct listing in April ...