Coinbase CEO Brian Armstrong Revealed That This Teenage Obsession Prepped Him In Life For The 'Ultimate' Game — Entrepreneurship

Benzinga04:01

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong recently described how his early obsession with popular strategy-based video games later mapped into entrepreneurship and business. In an X post ...

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In business, there is competition, but in a growing market, there can be multiple winners,” he added. \nArmstrong has stepped back from playing video games, but keeps the hobby as a release valve.\n“A quick game can still be fun here and there to unwind. By contrast, the game of business is played over many decades,” he added.\nA former Airbnb software engineer, Armstrong cofounded Coinbase in San Francisco in 2012 with former currency trader Fred Ehrsam. As of today, it’s the largest cryptocurrency exchange in the U.S., with a market valuation close to $53 billion and averaging almost $2 billion in daily trades, according to CoinGecko.\nArmstrong’s net worth is estimated at $9.3 billion, according to Forbes.\nPrice Action: Coinbase shares rose 1.24% in after-hours trading after closing 4.03% lower at $197.93 during Thursday's regular trading session, according to data from Benzinga Pro. \nThe COIN stock shows weak price performance across medium- and long-term horizons, earning a very low Momentum score in Benzinga’s Edge Stock Rankings\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage via Shutterstock By Thrive Studios ID\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2630041048","isCrawlerRequest":true}