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Coinbase founder Brian Armstrong discusses how he navigated social justice warrior pressures while keeping the company focused on its core mission. "What the hell is Black Lives Matter? And, somebody on my team came in and they were like, I think it's just asking for equality amongst all people.... show more

Shawn Ryan

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49,309 görüntüleme • 1 yıl önce •via X (Twitter)

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What happens when all 21 million bitcoins are mined with Coinbase founder Brian Armstrong. "So right now there's a smaller and smaller number of bitcoin being produced over time. And it kind of it hits like a maximum number. It actually takes like 100 years right." Brian Armstrong Coinbase 🛡️

What happens when all 21 million bitcoins are mined with Coinbase founder Brian Armstrong. "So right now there's a smaller and smaller number of bitcoin being produced over time. And it kind of it hits like a maximum number. It actually takes like 100 years right." Brian Armstrong Coinbase 🛡️

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Who’s the Crypto King? Coinbase founder Brian Armstrong discusses the Bitcoin white paper and the possibilities of who might be Satoshi Nakamoto. "The most likely explanation is it's probably Hal Finney, and maybe in collaboration with 1 or 2 people like Nick Szabo." Brian Armstrong Coinbase 🛡️

Who’s the Crypto King? Coinbase founder Brian Armstrong discusses the Bitcoin white paper and the possibilities of who might be Satoshi Nakamoto. "The most likely explanation is it's probably Hal Finney, and maybe in collaboration with 1 or 2 people like Nick Szabo." Brian Armstrong Coinbase 🛡️

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"It's kind of like what, what the China did with the internet, if you're familiar with that, like the Great Firewall of China, where a lot of applications, including Coinbase, but also, you know, Facebook and it's all these things are blocked in China like Google. So China has passed this law where they said, banks in China cannot work with crypto companies." Brian Armstrong Coinbase 🛡️

"It's kind of like what, what the China did with the internet, if you're familiar with that, like the Great Firewall of China, where a lot of applications, including Coinbase, but also, you know, Facebook and it's all these things are blocked in China like Google. So China has passed this law where they said, banks in China cannot work with crypto companies." Brian Armstrong Coinbase 🛡️

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We asked Brian Armstrong what it's like to incubate Base at Coinbase 🛡️. "The secret to this is to allocate budget to these venture bets, which are small teams within the co, kind of like Y Combinator teams." "75% of these bets won't work out, but once in a while, something hits and it pays for all the rest of the bets." "For Base, jesse.base.eth told me he wanted to work on a new chain. I was like, take a small team, go run at it. I shielded it from the rest of the org and just gave them time to cook." "I also actually voted no on USDC. Now that's like $1B of revenue for us."

We asked Brian Armstrong what it's like to incubate Base at Coinbase 🛡️. "The secret to this is to allocate budget to these venture bets, which are small teams within the co, kind of like Y Combinator teams." "75% of these bets won't work out, but once in a while, something hits and it pays for all the rest of the bets." "For Base, jesse.base.eth told me he wanted to work on a new chain. I was like, take a small team, go run at it. I shielded it from the rest of the org and just gave them time to cook." "I also actually voted no on USDC. Now that's like $1B of revenue for us."

TBPN

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Lil Wayne tells the story of signing Drake and Nicki Minaj and how he knew they were special: "When I heard [Drake], it was all rap. Then, one of those hooks came in and I was like, 'Who's on the hook?' And they was like, 'That's him.' And I was like, 'That's the guy? That's him singing? Why he ain't do more of this?'" "It was instant. Like, come on, man." (via Friends Keep Secrets)

Lil Wayne tells the story of signing Drake and Nicki Minaj and how he knew they were special: "When I heard [Drake], it was all rap. Then, one of those hooks came in and I was like, 'Who's on the hook?' And they was like, 'That's him.' And I was like, 'That's the guy? That's him singing? Why he ain't do more of this?'" "It was instant. Like, come on, man." (via Friends Keep Secrets)

Kurrco

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"Of course, I pulled my weapon out immediately because I'm just like, "What in the world? Like, this is crazy." We were recording it—it was insane. We caught two people in there, and I held them at gunpoint and called the police. They got there extremely fast, took them to jail, and were just trying to figure out, like, what was the reasoning, you know, behind this? Like, why?" King Randall, I.

"Of course, I pulled my weapon out immediately because I'm just like, "What in the world? Like, this is crazy." We were recording it—it was insane. We caught two people in there, and I held them at gunpoint and called the police. They got there extremely fast, took them to jail, and were just trying to figure out, like, what was the reasoning, you know, behind this? Like, why?" King Randall, I.

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Shayne Coplan (Shayne Coplan 🦅), CEO of Polymarket on Brian Armstrong's legendary Coinbase earnings call performance - and why people increasingly rely on Polymarket as a source of truth: "He said it, I went to Polymarket and looked at the mention market. I was like, 'Oh, okay.' I went in order and was like, 'Damn. Wow, he really went for it.' '' 'Just before this, one of the professors they introduced me to was like, 'I was in Israel, and I needed to leave because the Polymarket odds were going up for an escalation.' And I've heard that now almost a dozen times on separate occasions.''

Shayne Coplan (Shayne Coplan 🦅), CEO of Polymarket on Brian Armstrong's legendary Coinbase earnings call performance - and why people increasingly rely on Polymarket as a source of truth: "He said it, I went to Polymarket and looked at the mention market. I was like, 'Oh, okay.' I went in order and was like, 'Damn. Wow, he really went for it.' '' 'Just before this, one of the professors they introduced me to was like, 'I was in Israel, and I needed to leave because the Polymarket odds were going up for an escalation.' And I've heard that now almost a dozen times on separate occasions.''

ascetic

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"The ultimate vision for crypto has always been economic freedom." - Brian Armstrong, co-founder of Coinbase 🛡️ "The mission of Coinbase is to increase economic freedom in the world. It enables people to live a freer life and not have things taken away from them." "If people are rewarded with the upside of their labor, they are going to try more ambitious things." "We are trying to push on this through getting legislation passed and building better products." "Ultimately, I think crypto is going to update the entire financial system globally. The majority of all payments will run on crypto rails."

"The ultimate vision for crypto has always been economic freedom." - Brian Armstrong, co-founder of Coinbase 🛡️ "The mission of Coinbase is to increase economic freedom in the world. It enables people to live a freer life and not have things taken away from them." "If people are rewarded with the upside of their labor, they are going to try more ambitious things." "We are trying to push on this through getting legislation passed and building better products." "Ultimately, I think crypto is going to update the entire financial system globally. The majority of all payments will run on crypto rails."

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Brian Windhorst says teams haven’t heard anything from LeBron James: “The teams that were interested in LeBron, like they had made contact and whatever, and they hadn't heard anything. And they're like, well, ‘we don't know what to make of it’.… the teams are kind of in the dark, all kind of waiting, and they weren't hearing anything. And so they were just like, well, maybe it's Cleveland, but I don't know if anybody is hearing anything.” (via The HoopCollective)

Brian Windhorst says teams haven’t heard anything from LeBron James: “The teams that were interested in LeBron, like they had made contact and whatever, and they hadn't heard anything. And they're like, well, ‘we don't know what to make of it’.… the teams are kind of in the dark, all kind of waiting, and they weren't hearing anything. And so they were just like, well, maybe it's Cleveland, but I don't know if anybody is hearing anything.” (via The HoopCollective)

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rosie

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Q: “Because I think a lot of people are familiar with, you know, pop stars have these alter egos on stage and then they're also a little bit potentially different behind the scenes. Can you talk about what the difference is between those two personas?” ROSÉ: “I think, you know, like I started off as, my whole career started as Blackpink and I feel like it was so much fun creating this character on stage because I'm just from like Australia, like in my bedroom, but like it was so much fun creating this like pop star, like character. It was so much fun. And then I think creating my first solo album, it was my discover of like, you know, who am I? And like when I was naming the album, I really thought a lot about it. There was like options like, you know, number one girl. And then a lot of people did like, what about Rosie? And at first I was like, it seems a bit like narcissistic. ..I'm not sure. And then it slowly grew on me. And then, you know, just the idea of it being Rosie because Rosé has been such a big part of my life. And that's what we present ourselves as Blackpink, Blackpink Rosé. And I felt like this was very opposite. And so I noticed that it was closer to kind of introducing a different version of me, like because it combined all the stories I would talk about with my friends and family. And they call me Rosie at home. And of course, the online name that the company had made for me from at the beginning of Blackpink, I remember when it happened was like the day before they released my picture, profile picture, they were like, Rosé. And like the name got announced.”

hiro

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MrBeast reveals how he got Ronaldo to film with him and what happened after they finished "I think we just like dm'd his Instagram account. Obviously he doesn't use it and just like talk to his team." "I remember when I first talked to his team I was like hey I get it this guy's like one of the busiest men on the planet like I will literally film with him as he walks to the bathroom. I will stand around all day and as he has like a two minute break I will just walk out there and film with him." "Tariq and Carl and some of the boys on my team are huge huge Ronaldo fans like they would die to meet him and so I also really wanted to make it happen so my boys can meet him and fulfill a lifelong dream." "I get there and Ronaldo shows up and he's like no no you can we can film as much as you want we're in no rush. He gave me like triple the amount of time his team was allotting us. And I was like that was great. And he's like oh you want to come back to my house and hang out? And I was like what the?"

MrBeast reveals how he got Ronaldo to film with him and what happened after they finished "I think we just like dm'd his Instagram account. Obviously he doesn't use it and just like talk to his team." "I remember when I first talked to his team I was like hey I get it this guy's like one of the busiest men on the planet like I will literally film with him as he walks to the bathroom. I will stand around all day and as he has like a two minute break I will just walk out there and film with him." "Tariq and Carl and some of the boys on my team are huge huge Ronaldo fans like they would die to meet him and so I also really wanted to make it happen so my boys can meet him and fulfill a lifelong dream." "I get there and Ronaldo shows up and he's like no no you can we can film as much as you want we're in no rush. He gave me like triple the amount of time his team was allotting us. And I was like that was great. And he's like oh you want to come back to my house and hang out? And I was like what the?"

Lunix Twin

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Matt Rife said he had no idea Rhode Island was like run by the mob for a while. Theo Von: You know, it's kind of romantic. Rhode Island to me has like this like beachy, kind of romantic scene, but also like this thuggish sort of scene. Matt Rife: Well, I didn't know how like mob deep it was, dude. I had no idea Rhode Island was like run by the mob for a while, which I think is pretty fucking awesome. I was doing shows at Mohegan Sun in Connecticut, and this is around the time I was just like, just starting to look for like, maybe I'll get a house someday, my life is starting to change. And I was on Zillow, and I found a house like an hour away, and I was like, shit, I'll just go check it out before the shows tomorrow. And I went, checked it out, just fell in love with it.

Matt Rife said he had no idea Rhode Island was like run by the mob for a while. Theo Von: You know, it's kind of romantic. Rhode Island to me has like this like beachy, kind of romantic scene, but also like this thuggish sort of scene. Matt Rife: Well, I didn't know how like mob deep it was, dude. I had no idea Rhode Island was like run by the mob for a while, which I think is pretty fucking awesome. I was doing shows at Mohegan Sun in Connecticut, and this is around the time I was just like, just starting to look for like, maybe I'll get a house someday, my life is starting to change. And I was on Zillow, and I found a house like an hour away, and I was like, shit, I'll just go check it out before the shows tomorrow. And I went, checked it out, just fell in love with it.

Ruzy.hl

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#beonnnie 💜: I have a t-shirt with a suit pattern printed on it, and I also packed that giant pair of slippers along with me. In the end, turns out everyone literally wore a real suit, paired it with boxer shorts, and wear slippers. I was like, "Whoa, The theme is on point!" Some of the phis brought fake mustaches, so we all gathered up. Then they were asking me, "Wait, how did you even find these in time? Where did you get them?" So I told them, "Oh, it's just stuff I already had at home." And everyone was like... "Yeah, we’re surprised by the fact that you just casually have this kind of stuff at home. Like, why do you even own these?" 💜: Okay, listen! All my friends bought those for me. That printed suit tee and those giant slippers, they were all my birthday gifts, okay?? That’s why I had them at home! I don't just randomly buy this stuff for my daily life. P'Ciize was like, "No, but how do you just have it? Why is that something you just casually have lying around your house in the first place? That's what I'm questioning." And I was like... "Yeah, true..." She was like, "What kind of person just buys this stuff to keep at home?" And I was just like... "Uh... true. Good point."

#beonnnie 💜: I have a t-shirt with a suit pattern printed on it, and I also packed that giant pair of slippers along with me. In the end, turns out everyone literally wore a real suit, paired it with boxer shorts, and wear slippers. I was like, "Whoa, The theme is on point!" Some of the phis brought fake mustaches, so we all gathered up. Then they were asking me, "Wait, how did you even find these in time? Where did you get them?" So I told them, "Oh, it's just stuff I already had at home." And everyone was like... "Yeah, we’re surprised by the fact that you just casually have this kind of stuff at home. Like, why do you even own these?" 💜: Okay, listen! All my friends bought those for me. That printed suit tee and those giant slippers, they were all my birthday gifts, okay?? That’s why I had them at home! I don't just randomly buy this stuff for my daily life. P'Ciize was like, "No, but how do you just have it? Why is that something you just casually have lying around your house in the first place? That's what I'm questioning." And I was like... "Yeah, true..." She was like, "What kind of person just buys this stuff to keep at home?" And I was just like... "Uh... true. Good point."

Lovely

50,801 görüntüleme • 1 ay önce

Brian Armstrong tells the founding story of Coinbase: “Nothing was working” After quitting his job in 2012 and joining Y Combinator to build Coinbase, Brian faced setback after setback: “I was struggling to find anybody who would join my team and work with me... I almost cofounded it with one person and that all exploded in dramatic fashion… I finally found the right cofounder, Fred Erhsam, we got off to the races, and someone sued us three months later.” But as Brian explains, this is the norm for startups: “Startups are moving from one setback to the next with enthusiasm… nothing is working, and that’s kind of the default state… If it feels like that, just don’t give up. That’s the main thing. A lot of times I’ve seen people: they have an idea, they have a team that comes together, it doesn’t work, and four months they have a big cofounder fight, blow up, and they all go home… And it’s like, well, you didn’t really try it because there’s no idea that works on the first try.” He continues: “You have to put something out there, and then grind it out for two or three years. Talk to your customers, improve the product, talk to your customers, improve the product… If you look at almost every successful startup, it feels like it was an overnight success, but really that’s just how history gets written in hindsight. If you talk to most of those founders in the early days, there was a period where any reasonable person would have quit. Nothing was working… And all of them somehow persevered and pushed through and finally found something that started to work.” This was especially true for Coinbase. There was no way to buy and sell crypto in the first version. A couple hundred people signed up after Brian posted it on Reddit, and they all left. After emailing five of the people who signed up and churned, he realized some people liked the app but couldn’t use it because they didn’t have Bitcoin: “I remember this light bubble that went off in my head, and I was like, well if there was a simple way to buy [Bitcoin] in the app, would you have done it? He’s like, yeah, probably. And so I hung up and the next few months I had to start thinking about how do we build a simple buy button? And there were a million things that had to go into that: bank partners, legal, licensing, and all this kind of stuff. But that’s when we finally got product/market fit. And that was just one example of hundreds of times where I did that. And I was trying to find something that works… So talk to your customers, improve the product. That’s all we did. And that was one of the things I would recommend.” Video source: a16z crypto (2023)

Brian Armstrong tells the founding story of Coinbase: “Nothing was working” After quitting his job in 2012 and joining Y Combinator to build Coinbase, Brian faced setback after setback: “I was struggling to find anybody who would join my team and work with me... I almost cofounded it with one person and that all exploded in dramatic fashion… I finally found the right cofounder, Fred Erhsam, we got off to the races, and someone sued us three months later.” But as Brian explains, this is the norm for startups: “Startups are moving from one setback to the next with enthusiasm… nothing is working, and that’s kind of the default state… If it feels like that, just don’t give up. That’s the main thing. A lot of times I’ve seen people: they have an idea, they have a team that comes together, it doesn’t work, and four months they have a big cofounder fight, blow up, and they all go home… And it’s like, well, you didn’t really try it because there’s no idea that works on the first try.” He continues: “You have to put something out there, and then grind it out for two or three years. Talk to your customers, improve the product, talk to your customers, improve the product… If you look at almost every successful startup, it feels like it was an overnight success, but really that’s just how history gets written in hindsight. If you talk to most of those founders in the early days, there was a period where any reasonable person would have quit. Nothing was working… And all of them somehow persevered and pushed through and finally found something that started to work.” This was especially true for Coinbase. There was no way to buy and sell crypto in the first version. A couple hundred people signed up after Brian posted it on Reddit, and they all left. After emailing five of the people who signed up and churned, he realized some people liked the app but couldn’t use it because they didn’t have Bitcoin: “I remember this light bubble that went off in my head, and I was like, well if there was a simple way to buy [Bitcoin] in the app, would you have done it? He’s like, yeah, probably. And so I hung up and the next few months I had to start thinking about how do we build a simple buy button? And there were a million things that had to go into that: bank partners, legal, licensing, and all this kind of stuff. But that’s when we finally got product/market fit. And that was just one example of hundreds of times where I did that. And I was trying to find something that works… So talk to your customers, improve the product. That’s all we did. And that was one of the things I would recommend.” Video source: a16z crypto (2023)

Startup Archive

141,137 görüntüleme • 9 ay önce

Isack: “I remember being in the cooldown room with Max and Oscar. And they were ready for that. And, you know, they had their trainers with towels, so they could change and I was like… and I looked at Harry, my guy. I was like ‘you brought me a towel?’ He was like ‘no, of course.’[..] And they all had like brand new suits because after the podium you stink and they get changed and they had like this custom towel where they fit it around them so they can actually like get changed without like- I was amazed. I was like wow.” 🗣️: “So then you went up on the podium in your disgusting sweaty suit.” Isack: “Yeah exactly. During press conference and these guys smelled good. They were brand new and I was like ‘that's not fair.’” i actually did not know drivers were changing into new race suits after the podium?? but it seems isack and his trainer also didn't know, so… 😂

naenia ¹ ⁶³

525,777 görüntüleme • 7 ay önce