coinbase investment firms

[thresher]

Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?

[wunkbone]

Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?

Coinbase does have some new investors that are investing new money into it.

On a slightly related note, coinbase is also starting a new, US based exchange, and it just so happens that the price of bitcoin is rallying strongly around the same time such news was announced.

[Sindelar1938]

Lots of new investors including BBVA, a bank
So material change of shareholder base

[maurya78]

The round was backed by old and new investors, some of whom are new plauyers in btc such as banks
All in all, very promising

[Q7]

Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?

Coinbase does have some new investors that are investing new money into it.

On a slightly related note, coinbase is also starting a new, US based exchange, and it just so happens that the price of bitcoin is rallying strongly around the same time such news was announced.

You mean the jump in the price has nothing to do with the coinbase announcement? I think it's pretty much correlated.

[BitmoreCoin]

Lots of new investors including BBVA, a bank
So material change of shareholder base

A Spanish bank is good for the adoption in Spain and southern Europe.

[wunkbone]

Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?

Coinbase does have some new investors that are investing new money into it.

On a slightly related note, coinbase is also starting a new, US based exchange, and it just so happens that the price of bitcoin is rallying strongly around the same time such news was announced.

You mean the jump in the price has nothing to do with the coinbase announcement? I think it's pretty much correlated.

I was trying to imply that they are likely correlated, although it is hard to know for sure.

It appears that the price increased not only when the fact that coinbase announced they were opening up as an exchange but also when they "officially" started trading