Coinbase IPO
👉 💎 Coinbase is going to IPO today. Apart from being my trusted Nr. 1 address for crypto transfers back & forth from my bank account -neatly integrating with online banks like N26, it has gathered the backing of behemoths in the VC world throughout the years:
Not only does it have Andreessen Horowitz & Union Square Ventures as early investors -who are also sitting on the board of the likes of Facebook & Twitter.
It also gives legitimacy to crypto & Bitcoin itself -esp. with bigger pockets & high net worth individuals that might not directly invest in Bitcoin, but now indirectly through Coinbase as a vehicle. And also don't forget that even though Bitcoin's current rally will come to an end as in every cycle, Coinbase is a company that will still make profit during that phase.
All in all, I'm very optimistic about the future of the company & everything they will create in the new 'digital monetary age', as they're sitting at the forefront of a lot of crypto startups through their investing arm 'Coinbase Ventures' themselves.
Garry Tan -who was one of the early angels, described CEO Brian Armstrong as the Steve Jobs & Steve Wozniak in one person.
Happy direct listing! ;)
Not only does it have Andreessen Horowitz & Union Square Ventures as early investors -who are also sitting on the board of the likes of Facebook & Twitter.
It also gives legitimacy to crypto & Bitcoin itself -esp. with bigger pockets & high net worth individuals that might not directly invest in Bitcoin, but now indirectly through Coinbase as a vehicle. And also don't forget that even though Bitcoin's current rally will come to an end as in every cycle, Coinbase is a company that will still make profit during that phase.
All in all, I'm very optimistic about the future of the company & everything they will create in the new 'digital monetary age', as they're sitting at the forefront of a lot of crypto startups through their investing arm 'Coinbase Ventures' themselves.
Garry Tan -who was one of the early angels, described CEO Brian Armstrong as the Steve Jobs & Steve Wozniak in one person.
Happy direct listing! ;)
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