Sources: Coinbase valued itself at $8B when pitching an equity package during Earn acquisition; investors received cash, management received at least some stock (Theodore Schleifer/Recode)

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Theodore Schleifer / Recode:
Sources: Coinbase valued itself at $8B when pitching an equity package during Earn acquisition; investors received cash, management received at least some stock  —  That's how much it felt it was worth when it set out to acquire Earn.  —  Coinbase valued itself at about $8 billion …