None of that has impaired the company's growth, as private trades reached record levels in recent weeks ahead of the direct listing. But Coinbase does acknowledge in the risk factors section of its prospectus that a bet on the company is, at least in part, a bet on Armstrong."Because we are a founder-led company, actions by, or unfavorable publicity about, Brian Armstrong, our co-founder and Chief Executive Officer, may adversely impact our brand and reputation," the filing says.
Armstrong is heavily incentivized to keep the momentum going. He was paid a salary of $1 million last year, though his total compensation topped $59 million with all his option awards. In August, Armstrong was granted a multibillion-dollar performance award, giving him the ability to purchase 9.29 million options at $23.46 over 10 years. The awards are all based on the company's stock trading at a certain price for 60 days. Based on the private market price, roughly three-quarters of the award will vest in short order. The highest tranche vests at $400.
Terrible App... so many bugs, crazy fees, and poor UI.... yuck 🤢
His Coinbase users should be getting a piece of this as well
GameofCons
Well deserved. Great leader and so happy that he took a stand against the politicization of companies during the civil unrest of 2020!!
There will be no chance of a positive outcomes for a resolutions after next Friday |😒|
That's a lot to dump on retail
$14 billion of what? Company isn’t worth that. Binance is bigger
$14 billion of....
Share the wealth with your users, we will pump it for you
Good for him, grats brian_armstrong
Get some phones to deal with the stealing from peoples accounts. Coinmama cutting people off . Coinbase has no customer care at all but robots. Platform does not keep up with true market value , as well as hidden program onto peoples trading to take money.
Perfect example of things money can’t buy.
amtvmedia This guy will be at the top 1-5 richest man in the World.
Their fees are outrageous!
if he could stop his employees from manipulating crypto prices and volumes ..that would be a good start
Hope the hedgefund don't get sticky fingers . Hope they let people buy stocks ... Instead of manipulating the stock like robinhood..😂🚀