Malcom CasSelle is the Chief Information Officer of OPSKins as well as the President of Worldwide Asset eXchange, which is a decentralized platform for development of transparent and secure in-game virtual item exchange. Prior to working with WAX, CasSelle was the Chief Technology Officer as well as President of New Venture of tronc, Inc. He also worked as the Senior Vice President of SeaChange International. Additionally, he served as the Chief Executive Officer of Timeline Labs, and he also led various startups in the digital medium, including Xfire, MediaPass, and the joint venture between Groupon and Tencent.
In a recent interview, Malcom CasSelle pointed out the fact that a current trend that excites him is the blockchain technology, which he labeled as Internet 3.0. Given that his career has been based on building companies in each phase, he considers it exciting to take all those lessons in order to build another billion dollar company. His first one was the Hong Kong-based PCCW alongside Richard Li, the second one was China’s Groupon, with the third one being WAX. He noted the fact that he has fun solving problems and scaling the solutions in order to touch millions of people.
The entrepreneur considers that working with the best and brightest as part of his team and focusing on areas where not many people are working has been the best strategy that helped grow his business. He mentioned the fact that if in a business there is a lot of competition it becomes less profitable and less interesting in quick fashion. CasSelle pointed out that the best businesses are focusing on a green field, despite the fact that they are the hardest to get funded.
Prior to entering the world of entrepreneurship, Malcom CasSelle earned his bachelor’s degree from the Massachusetts Institute of Technology, and also received a master’s degree from Stanford University, both degrees in Computer Science. He has been an active early stage investor in companies such as Zynga and Facebook, as well as being an investor in most companies that are related to Bitcoin. He is fluent in both Mandarin and Japanese.