[tsycho]

How are you getting the $8bn number[1]?

In any case, that's moot. Because if you join now (after they are making this change), your equity is being valued at ~$60bnm so the upside is significantly lower.

[1] If that's from the valuation at last funding round, then that's being disingenuous since no one thought that they are worth 8b then, and I would be surprised if they were offering equity at the valuation.

[acchow]

From a friend who joined Coinbase.

Also, see comments in https://us.teamblind.com/s/rh0DJajS