I Really Really Really Hope Nas Sold His Coinbase Shares Months Ago
Investing through his venture capital firm, QueensBridge Ventures, Nas first invested in Coinbase back in 2013, as part of the company’s “Series B” funding round. That round raised $25 million at a valuation of $143 million. QueensBridge typically invests $100 – $500 thousand when it participates in a private funding round. Using that range, one could extrapolate that QB was able to secure 100,000 – 500,000 shares of Coinbase thanks to that investment nearly a decade ago....