According to Mars Finance, Coinbase CEO Brian Armstrong stated that the company has established an internal venture capital program called "Next Bets," allowing employees to submit innovative projects and pitch them directly to product managers. If they receive support, the projects can be implemented. The program opens for proposals twice a year, typically executed by small teams of 2-3 people, focusing on high-potential areas. Armstrong said the mechanism aims to reduce the loss of excellent ideas and talent, drawing inspiration from historical cases in the tech industry. The Base blockchain project is reportedly an offshoot of this program, and more updates will be announced in the coming weeks.
Coinbase launches "Next Bets" internal venture capital program to support employee innovation projects.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
