4 ms·
If a new investment firm took this long to have securities show up in your account, they'd be shut down faster than you can say SEC. Coinbase isn't exactly a ne
by durgiston 9y ago
If a new investment firm took this long to have securities show up in your account, they'd be shut down faster than you can say SEC. Coinbase isn't exactly a new t-shirt company working out issues with their silk screener, they're an allegedly $20B (alleged) currency exchange. They have a higher standard to meet.
- shrimpx 9y agoI can see how Silicon Valley standards have to rise up to Wall Street standards and they're not there yet. Tech like Auto/Finance/Space are new to SV and they're all full of scaling woes. Traditionally "SV style" has been to be scrappy and accept a healthy amount of breakage, and never say no to incoming demand, even if it's crippling your platform. You have a point that SV needs to get into the mindsets of the industries they are trying to disrupt and rise to those higher standards.
- shrimpx 9y agoTo add another point, Coinbase is in unchartered territory. I want to see a new cryptocurrency investment firm show up on the market and function without a hitch. Companies like Coinbase are the only datapoints so far in this space.