Coinbase Pitch Deck

​In 2012, Brian Armstrong, co-founder of Coinbase, presented a pitch deck during Y Combinator's Demo Day, aiming to secure seed funding for a groundbreaking idea: simplifying Bitcoin transactions for the masses. This presentation marked the inception of what would become one of the world's leading cryptocurrency exchanges.​

Coinbase's 2012 Pitch Deck: A Glimpse into the Vision

The original pitch deck, presented in the summer of 2012, outlined Coinbase's mission to create a user-friendly platform for buying, selling, and storing Bitcoin. Armstrong emphasized the need for a secure and straightforward method for everyday users to engage with digital currencies. The deck highlighted key features such as ease of use, security, and the potential for Bitcoin to revolutionize the financial landscape. For those interested in viewing this foundational document, Brian Armstrong has shared the pitch deck on Medium.

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Funding Rounds and Financial Growth

Following the initial seed funding, Coinbase embarked on a series of funding rounds to fuel its expansion:​

• Seed Round (2012): Raised $600,000 to kickstart operations.​

• Series A (May 2013): Secured $6.1 million led by Union Square Ventures.​

• Series B (December 2013): Obtained $25 million from investors including Andreessen Horowitz.​

• Series C (January 2015): Amassed $75 million with participation from DFJ Growth, USAA, and others.​

• Series D (August 2017): Collected $100 million led by IVP.​

• Series E (October 2018): Raised $300 million, valuing the company at over $8 billion. ​Golden

By 2020, Coinbase's net revenue surpassed $1 billion, with transaction fees constituting over 96% of this income.​

Public Listing and Current Status

Coinbase made its public debut on April 14, 2021, via a direct listing on the NASDAQ under the ticker symbol COIN. The initial reference price was set at $250 per share, with the stock opening at $381 and closing at $328.28 on its first trading day. This milestone valued the company at approximately $86 billion, marking a significant moment in the mainstream acceptance of cryptocurrencies. ​

As of March 2025, Coinbase continues to operate as an independent, publicly traded company, providing a platform for users worldwide to engage with a variety of cryptocurrencies. For more information or to explore their services, visit their official website: https://www.coinbase.com.​

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Understanding the evolution of companies like Coinbase offers valuable insights into the dynamic world of cryptocurrencies and startup growth. If you found this article informative, consider sharing it with friends, family, and colleagues who might appreciate a deeper dive into the history of one of the industry's pioneers.