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by durgiston 3108 days ago
If a new investment firm took this long to have securities show up in your account, they'd be shut down faster than you can say SEC. Coinbase isn't exactly a new t-shirt company working out issues with their silk screener, they're an allegedly $20B (alleged) currency exchange. They have a higher standard to meet.
2 comments

I can see how Silicon Valley standards have to rise up to Wall Street standards and they're not there yet. Tech like Auto/Finance/Space are new to SV and they're all full of scaling woes. Traditionally "SV style" has been to be scrappy and accept a healthy amount of breakage, and never say no to incoming demand, even if it's crippling your platform.

You have a point that SV needs to get into the mindsets of the industries they are trying to disrupt and rise to those higher standards.

To add another point, Coinbase is in unchartered territory. I want to see a new cryptocurrency investment firm show up on the market and function without a hitch. Companies like Coinbase are the only datapoints so far in this space.