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Author Topic: In Sign of the IPO Times, Coinbase Chooses Reddit Over a Road Show  (Read 510 times)

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Coinbase CEO Brian Armstrong's decision to take to Reddit before its direct listing is a rebuttal to the traditional road show process.

In a first for a company going public, cryptocurrency giant Coinbase announced on Wednesday it will answer questions from potential investors via a Reddit "Ask Me Anything" thread.

"Hey Reddit, I’m Brian Armstrong, CEO and Cofounder of Coinbase. I believe that everyday investors should have access to the same info as large investors," wrote the company's CEO, explaining that the company would take questions for three days, and then respond via a video posted to the social media platform.
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