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The early team worked tirelessly, often amidst unexpected interruptions, like a venture capitalist emerging from the shower during a fundraising meeting. The intense workload and the responsibility of safeguarding users’ assets made the fledgling company a stressful venture. Nevertheless, the team's passion for expanding Bitcoin adoption drove them forward, aiming to bridge the gap between traditional finance and the emerging crypto economy.
Growth and Challenges
Between 2014 and 2017, Bitcoin's price stagnated, but then surged nearly tenfold in just five months, bringing a rapid influx of users to Coinbase. The company scaled swiftly, with employees operating around the clock to meet demand, culminating in 43 million users and $90 billion in assets by 2020.