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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Most Downloaded Founder Episode of 2017: Brian Armstrong, Founder & CEO @ Coinbase

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4 • 637 Ratings

🗓️ 22 December 2017

⏱️ 28 minutes

🧾️ Download transcript

Summary

Brian Armstrong is the Founder & CEO @ Coinbase, the startup that provides the world’s most popular way to buy and sell bitcoin, ethereum and litecoin. They have backing from some of the biggest and best in VC having raised over $215m from the likes of Andreesen Horowitz, IVP, USV, DFJ and many more incredible investors. As for Brian, prior to Coinbase he was a Software Engineer @ Airbnb and before that founded his own startup, Universitytutor.com

In Today’s Episode You Will Learn:

1.) How Brian made his way from Airbnb to founding one of the early disruptors in the crypto space with Coinbase?

2.) Doing an 80/20 analysis, what are the 3 fundamental differences between Bitcoin and ethereum? What is Brian’s opinion on the scaling path ahead for ethereum? How do the teams behind ethereum and Bitcoin differ and what effect do these differing approaches have?

3.) What is an ICO? Does Brian believe ICOs will be a sustainable method of company financing in the future? What needs to take place to ensure for the continued momentum of ICOs? What have been the biggest surprises of ICOs for Brian?

4.) How does Brian view the regulatory stance around both ICOs and blockchain more generally? What is he concerned will happen? What would be the optimal regulatory framework for the theme to thrive?

5.) How does the rise of blockchain disrupt the VC industry? Why does Brian agree with Naval in stating the future will involve the unbundling of money, control and advice from the realms of VC?

Items Mentioned In Today’s Show:

Brian’s Fave Book: Surely You’re Joking Mr. Feynman

Brian’s Fave Blog: Week In Ethereum

As always you can follow Harry, The Twenty Minute VC and Brian on Twitter here!

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to this third and final episode of this very special 20 VC Awards week.

0:04.4

For the last two episodes, we've celebrated the most downloaded VC shows with guests like

0:08.6

Peter Fenton at Benchmark and Kirsten Green at Forerunner.

0:11.5

If you haven't checked those out, then that really is a must.

0:13.9

And then to the show today, where we'll be celebrating the most downloaded Founders Friday

0:17.6

episode of 2017, and I'm not sure if anyone would be too surprised by this one,

0:22.2

given the time that we are in, so I'm thrilled to announce that Brian Armstrong founder and CEO

0:26.5

Coinbase has the most downloaded founder episode of 2017. For those that've literally been living

0:31.9

under a rock, Coinbase is the startup that provides the world's most popular way to buy and sell

0:36.8

Bitcoin, Ethereum and

0:38.2

Lightcoin. They have backing from some of the biggest and best in VC, having raised over

0:42.3

$215 million in funding from the likes of Andriesen Horrors, USV, IVP, DFJ, and many more

0:49.5

incredible investors. As for Brian, prior to Coinbase, he was a software engineer at Airbnb, and before that,

0:55.1

he founded his own startup, university tutor.com. And I want to say again, a huge thank you to

0:59.6

Jonathan Downey at Airwear for the intro to Brian today, without which this episode would not have

1:04.4

been possible. But before we dive into the show today, the heart of any good company is its people.

1:09.0

That's why namely brings employees together on the HR platform that everyone loves to use.

1:13.5

It's as intuitive as social media, but powerful enough to support the complexity of today's workforce.

1:18.8

Namely is the all-in-one platform that helps companies manage HR, payroll, benefits and more.

1:23.9

Their mission, to help mid-sized companies build a better workplace.

1:27.1

See how Namely can transform

1:28.4

your workplace at www.namelly.com today. And speaking of transforming a space, that's exactly what

...

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