2012
Coinbase was founded in June 2012 by former Airbnb engineer Brian Armstrong and Goldman Sachs trader Fred Ehrsam.
“in june of 2012 two co-founders former airbnb engineer brian armstrong and goldman sachs trader fred ursom they're like we need to build an exchange”
Acquired · Bitcoin, 1:30:56
2012
Rose met Coinbase founder Brian Armstrong at a Y Combinator Demo Day and told him he wanted to invest.
“And I saw him at Demo Day at YC. And I told him I wanted to invest.”
Acquired · Kevin Rose from Web 2.0 to Web3, 0:55:14
2012
Anu Hariharan said Brian Armstrong tried to raise $750,000 on Demo Day and only about 30% of the round was filled, since few understood Bitcoin at the time.
“He went out and said, I want to raise 750K. Only 30% of the round got filled.”
Acquired · Arena Show Part I: Idea Dinner + YC Continuity, 0:53:33
2013
After joining Andreessen Horowitz, Chris Dixon led a $25 million Series B in Coinbase in 2013 at a $150 million post-money valuation.
“And shortly after he gets there in 2013, he leads a Series B. Coinbase? $25 million in Coinbase at a 150 post.”
Acquired · Andreessen Horowitz Part II, 1:40:29
2022
Ben Gilbert said Coinbase had a market capitalization of $34 billion at market close on May 4, 2022.
“The market cap at close today was $34 billion.”
Acquired · Arena Show Part I: Idea Dinner + YC Continuity, 0:25:48
2022
Ben Gilbert said Coinbase generated $10 billion in free cash flow over the prior twelve months.
“In the last 12 months they've done $10 billion in free cash flow.”
Acquired · Arena Show Part I: Idea Dinner + YC Continuity, 0:25:48
2022
In an audience clap-off runoff between Snowflake and Coinbase, judge Shu Nyatta declared Coinbase the winner of the idea dinner.
“Snowflake or Coinbase. Snowflake. Oh. Coinbase. And the winner is Coinbase.”
Acquired · Arena Show Part I: Idea Dinner + YC Continuity, 0:41:36