Coinbase backer parlays 'fantasy' bet into billions
Coinbase backer parlays âfantasyâ bet into billions Jackie Davalos Save Share Before his bet on cryptocurrency exchange Coinbase Global became a multi-billion-dollar exit, Union Square Ventures co-founder Fred Wilson compared bitcoin to science fiction. âWe may be completely wrong, it may be a fantasy,â he said at a marketing conference in May 2013. That was shortly after he had invested $US2.5 million ($3.2 million) in Coinbase, the USâs biggest cryptocurrency exchange...
Source: afr.com