reply guys

I posted about this years before the IPO but Coinbase has never been our ally in as much as they never let us early crypto folk, who built their platform for them effectively, invest 

Instead they let professional basketball players in

It's pretty much illegal to allow retail to to invest meaningful amounts in private companies. 

I was in charge of this fundraising round (Series D, the one that Kevin participated in). We looked into a bunch of options but there are were too many complications.

What was the blocker to using platforms like seedrs or seedinvest (or whatever one circle acquired) similar to what revolut did a few years ago?

Mini apps will eat the internet | Latest drop: /clankermon | Building : /miniapps /large /fctrivia jeeves /source @degentip @playsource /jump

The company did a direct listing for a reason.

I don't think people on the outside appreciate how much crap these companies deal with on the legal / accounting / regulatory side of things.

Easy to be a populist when you don't have to make the decisions.

feels like it would have been a good fit given the general coinbase ethos

but can see the other side too

It's just more overhead for not much benefit.