Coinbase, co-founded by Mr. Armstrong in 2012, runs the largest bitcoin exchange in the U.S. and was the first major cryptocurrency-focused company to go public in the country. At the close of the first day of trading, it fetched a valuation of about $85 billion, which would make Mr. Armstrong’s 20% stake worth about $17 billion. That puts the 38-year-old chief executive among the wealthiest people in the world, based on Forbes’ billionaires list.
Coinbase CEO owns 20% of it's stock currently worth $17b.
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raiders72001Senior Member
- 08-10-05
- 11076
#1Coinbase CEO owns 20% of it's stock currently worth $17b.Tags: None -
wombatSBR MVP
- 11-23-20
- 1022
#2Every coinbase employee receive 100 shares valued at $40k today.Comment -
themike78SBR MVP
- 07-01-13
- 4873
#5Going by their customer service experience I think only 2 people work there.Comment -
ouzounSBR Sharp
- 10-21-12
- 322
#6Coinbase CEO and other executives sold a large part of their share in their company, this is not FUD. What an example to potential investors!
Maybe this is the reason why Bitcoin goes down lately? People selling their BTC to cover losses from coinbase? Just a question.Comment
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