Publications
Publications
- November 2022 (Revised December 2022)
- HBS Case Collection
Ava Labs: Navigating the Next Blockchain
By: Marco Di Maggio and Wenyao Sha
Abstract
John Wu, President of Ava Labs, the primary developer of the Avalanche blockchain, and Emin Gün Sirer, the software company’s Founder and CEO, team up to develop a lending and borrowing protocol that would jumpstart the Decentralized finance (DeFi) economy on Avalanche. This case discusses Ava Labs' decision to buy, partner or built a new borrowing and lending protocol to compete with other Layer 1s and the key tradeoffs between efficiency and decentralization.
Keywords
Blockchain; Decentralized Finance; Alternative Assets; Financial Instruments; Assets; Decisions; Financing and Loans; Technology Industry; Financial Services Industry
Citation
Di Maggio, Marco, and Wenyao Sha. "Ava Labs: Navigating the Next Blockchain." Harvard Business School Case 223-027, November 2022. (Revised December 2022.)