Coinbase chief product officer Surojit Chatterjee has a stake in the company worth $657 million. CEO Brian Armstrong has a stake worth $13 billion.Coinbase executives and investors saw the value of their shares skyrocket as a result.
Coinbase's highly anticipated direct listing resulted in its shares closing at $328.28 on Wednesday, giving the company a valuation of $85.7 billion — around 10 times what it was last valued at as a private company, according to PitchBook. CEO and cofounder Brian Armstrong's stake — 2.75 million Class A shares and 36.9 million Class B shares — is now worth a combined $13 billion.
insane market.
is insane, how much sales Coinbase achieved?
But they Gifted the workers 100 shares 🤔🤔🤔🤔 they should have gifted them at least $100,000 worth of their stock that would’ve been $117 million a drop in the 🪣. coinbase
Unbelievable achievement! Although it was inevitable.
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