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When Coinbase was created/founded, Uber had just launched in Chicago, didn't have UberX and wasn't the brand it is today. Looking at Google Trends data (https:/
by capableweb 4y ago
When Coinbase was created/founded, Uber had just launched in Chicago, didn't have UberX and wasn't the brand it is today. Looking at Google Trends data (https://trends.google.com/trends/explore?date=all&q=Uber https://trends.google.com/trends/explore?date=all&q=Uber), the peaks of interest happened in 2016 and in 2019.
So no, the goal of Coinbase before/at launch was unlikely to have been "The Uber of Crypto".
- wpietri 4y agoI didn't say it was their goal "before/at launch". The notion of "Uber for X" was already such a cliche by 2014 that people were joking about it in general-audience publications: https://qz.com/311217/poem-theres-an-uber-for-x/ https://qz.com/311217/poem-theres-an-uber-for-x/ That poem was published between Coinbase's B and C rounds. By that point Uber had done a series E with a post-money valuation north of $40 billion. If Coinbase wasn't looking at that with envy and trying at points to cast their story in the Uber mold for investors, I'd be amazed, because most other startups of the time were.
- capableweb 4y ago> I didn't say it was their goal "before/at launch". That's true, you did say "when Coinbase got started", which I took to mean before the official launch, which must have been sometime before 2012. But, seems I misunderstood, so my bad.