Armstrong To Become Next Tech Decabillionaire After Coinbase Listing
Coinbase co-founder and CEO Brian Armstrong owns about 39.6 million shares of the company going into its direct listing. According to the latest prospectus filed with the Securities and Exchange Commission, the average private market share price is $343.58, which values Armstrong’s stake in Coinbase at $13.6 billion. [soros] Q4 2020 hedge fund letters, conferences and more Armstrong holds sizable stake in CoinbaseWhen Coinbase holds its direct listing to go public in the next few weeks, Armstrong is expected to become one of tech’s richest people, according to CNBC. He co-founded the cryptocur...