4 ms·
Nitpick: this was not an IPO, but a DPO (Direct Public Offering). In other words no new capital was raised today. Coinbase's existing shareholders (investors an
by mrb 6y ago
Nitpick: this was not an IPO, but a DPO (Direct Public Offering). In other words no new capital was raised today. Coinbase's existing shareholders (investors and employees) were simply allowed to sell their shares on the public market.