While Union Square News Today

Two words capture SF's mood

"We have been thinking about and looking to make an investment in the Bitcoin ecosystem for several years," Wilson wrote on the site for his firm, Union Square Ventures. "Today, we are happy to be able to talk about our first investment in the sector." The deal was Coinbase. The round was Series A. The price tag was $5 million at 20 cents a share for a valuation of around $20 million. Coinbase had recently graduated from the Y Combinator incubator program and only raised seed funding to that po...