Cryptocurrency Q&A
Why did a16z invest in Coinbase?
Why did a16z invest in Coinbase?
KimonoElegant
Tue Feb 18 2025
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5
answers
1132
I'm curious about the reasons why a16z, a prominent venture capital firm, decided to invest in Coinbase, a popular cryptocurrency exchange platform. I want to understand the potential benefits and opportunities they saw in this investment.
5 answers
SsamziegangStroll
Thu Feb 20 2025
a16z had previously allocated funds in Coinbase.
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KpopStarletShineBrightness
Thu Feb 20 2025
Dixon leveraged his insights gained from this investment to guide his considerations regarding other exchanges.
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GyeongjuGloryDaysFestival
Thu Feb 20 2025
According to Dixon, he observed a recurring pattern resembling a "whack-a-mole" game.
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GangnamGlitzGlamourGloryDays
Thu Feb 20 2025
In this pattern, new offshore exchanges would emerge periodically.
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Lorenzo
Wed Feb 19 2025
These exchanges, after gaining some prominence, would subsequently disappear.
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