I loved Brian Armstrong from the moment he walked into my office, but I had already invested in @CoinLab, so I didn’t invest at first. But my son, Adam did.
I decided @Coinbase would have too long a road to success, so I passed.
Ouch.
I thought retail crypto was too far away, but my son Adam disagreed and wrote Brian his first check.
I followed suit shortly after and got in on the next round.
Coinbase has become a household name and dominates the world of cryptocurrency.
Coinbase now has over 120 million customers who use @Bitcoin and other cryptocurrencies for commerce, finance, trading, and value storage.
The return from Coinbase alone nearly doubled our entire @DraperVC Fund V.
Brian has been an unwavering north star in Bitcoin and crypto.
His innovation and creativity know no bounds.
The lesson for founders: If the first VC says no… try asking one of their sons or daughters… some call mine the new VC Scions.
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