3min chapter

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Coinbase cuts 20%, Microsoft to invest $10B into OpenAI & Ascend Elements CEO Mike O’Kronley | E1654

This Week in Startups

CHAPTER

Coinbase

If your startup was founded under five years ago, has raised eight million or less, and isn't currently on any of mixed panels paid plans, you're eligible to apply terms and conditions do apply because they're giving you 50,000 in credits. What you might see happening here is people saying, you know what? Let's cut the last 20% in because we overpaid for them. And now we have a new cost structure of people's expectations. So it's the best time ever to start a company. But safety and numbers, three co-founders.

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