Crazy for crypto — or not: Seattle VCs sound off on tech’s hottest topic following Coinbase IPO April 15, 2021 at 11:58 am Sometimes, making an exception can pay off. That’s what happened to Version One Ventures, which typically invests in early-stage startups but veered off course to make a bet on a fast-growing cryptocurrency company four years ago. That investment in Coinbase “ended up as a multiple fund maker,” noted Version One General Partner Boris Wertz, who started the firm out of Vancouver, B.C. in 2012. Verison One invested in Coinbase partly because it believed blockchain/crypto would be the next computing platform.