Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Tanimariya on April 16, 2021, 10:39:47 AM
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Six archival posts that show the uncertainty of being a bitcoin startup in the early 2010s.
May 2013 was an exciting time for Brian Armstrong. His digital wallet startup had just won a bitcoin hackathon and snagged its first $5 million in venture funding. Olaf Carlson-Wee, who would later found Polychain Capital, had just joined Coinbase’s scrappy “office” loft on San Francisco’s Bluxome Street.
It was exciting because Armstrong’s bid to bring bitcoin to the masses was taking off. Just nine months after pitching his startup, Coinbase, at a Y Combinator demo day, he and co-founder Fred Ehrsam had 109,000 users moving those $130-odd bitcoins 107,000 times a month.
source LiNk
(https://www.coindesk.com/coinbase-before-it-was-inevitable)