I’m still kicking myself for not investing in Coinbase back in the original FundersClub offering in late 2012 / early 2013.
FundersClub (YC S12) offered a chance to invest in seed rounds for itself and four other companies of the same YC batch, including CoinBase.
At that time I was itching to invest in tech startups, and was excited for FundersClub. I invested in FC itself, and another YC S12 company which has since shut down. At that time, I was working for $BIG_BANK, and BTC in my view seemed like it would be a compliance nightmare, so I avoided CoinBase.
Depending on the Series A, B, C dilution factors, a seed investment of a few $k into that seed round would have grown to about $1m post IPO! (Facepalm)
FundersClub (YC S12) offered a chance to invest in seed rounds for itself and four other companies of the same YC batch, including CoinBase.
At that time I was itching to invest in tech startups, and was excited for FundersClub. I invested in FC itself, and another YC S12 company which has since shut down. At that time, I was working for $BIG_BANK, and BTC in my view seemed like it would be a compliance nightmare, so I avoided CoinBase.
Depending on the Series A, B, C dilution factors, a seed investment of a few $k into that seed round would have grown to about $1m post IPO! (Facepalm)