Coinbase CEO owns 20% of it's stock currently worth $17b.

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • raiders72001
    Senior Member
    • 08-10-05
    • 11076

    #1
    Coinbase CEO owns 20% of it's stock currently worth $17b.
    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.
    https://www.wsj.com/articles/coinbas...es-11618392602
  • wombat
    SBR MVP
    • 11-23-20
    • 1022

    #2
    Every coinbase employee receive 100 shares valued at $40k today.
    Comment
    • pimike
      BARRELED IN @ SBR!
      • 03-23-08
      • 37139

      #3
      Originally posted by wombat
      Every coinbase employee receive 100 shares valued at $40k today.
      Very nice
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61118

        #4
        Originally posted by wombat
        Every coinbase employee receive 100 shares valued at $40k today.
        That must be a happy place to work today!
        .
        Comment
        • themike78
          SBR MVP
          • 07-01-13
          • 4873

          #5
          Going by their customer service experience I think only 2 people work there.
          Comment
          • ouzoun
            SBR Sharp
            • 10-21-12
            • 322

            #6
            Coinbase 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
            SBR Contests
            Collapse
            Top-Rated US Sportsbooks
            Collapse
            Working...