Brian Armstrong says Coinbase has incredible entrepreneurs owning key components throughout the company. They have gotten better at M&A over time, making it a real strength. It is a great place to be acquired and to learn how to start a company.
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Coinbase has incredible entrepreneurs sprinkled all throughout the company, owning key components. And we’ve gotten better at M&A over time, making it a real strength.
It’s a great place to be acquired, and to learn how to start a company, if that is your goal.
Reasoning: Fundamentals · Long term
Weekly Wreckoning topics: Bessent may cut long bond sales; Ledger scare and self-custody crisis; tokenized SanDisk liquidated harder than XRP; Blur shuts after 99% volume collapse; Coinbase wants quantum fix; Bank of America $1.2B laundering fine; Strive raises $500M for more Bitcoin; Kraken buys European bank; Hot PPI and Fed hike odds crash; Musk's flying roadster and tokenized Tesla.
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Weekly Wreckoning in 11 mins:
0:00 Bessent may cut long bond sales
1:00 Ledger scare and the self-custody crisis
2:06 Tokenized SanDisk gets liquidated harder than XRP
2:48 Blur shuts down after 99% volume collapse
3:29 Coinbase wants a quantum fix now
4:22 Bank of America's $1.2B laundering fine
5:19 Strive raises $500M for more Bitcoin
6:03 Kraken buys a European bank, Binance US and Kalshi
7:40 Hot PPI and the Fed hike odds crash
9:07 Musk's flying roadster and tokenized Tesla
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Reasoning: Macro Specific
Fund flows or trade records mentioned in posts reflect only the account’s own claims, are marked “Per the post” and are unverified.
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