1.8 million is nothing to thes

2022-05-30

1.8 million is nothing to these people, if anything it's simply to get articles like this up and hopefully attract more gullible investors to think "hey look they have confidence in it, I'll buy in too"

I strongly believe that late entries into such ventures are going to do poorly or at least the big players have already taken the lion's share and everyone is just feeding on scraps

Co-Founder Fred Ehrsam Just Bought $1.8 Million in Coinbase (COIN) Stock

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Comments

L.Lim
2022-05-30
L.Lim
these companies blow huge amounts of money on advertising and sponsorship while they seem to barely be established (fighting with one another to be the top dog) are really profitable?
meurasian77
2022-05-30
meurasian77
well said thanks
GREEDisGOOD
2022-05-30
GREEDisGOOD
thanks for posting this
Remedy
2022-05-30
Remedy
We just have to tag alinh
poonhoekit
2022-05-30
poonhoekit
uptrend buy
Brrrrrrrrrrr
2022-05-30
Brrrrrrrrrrr
All the fake news out there…

Leave a comment

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This is Ehrsam’sthird insider purchase of the crypto exchange this month. In fact, no Coinbase insider has purchased shares of COIN stock this year on the open market besides Ehrsam.</p><p>Ehrsam helped found Coinbase alongside current CEO Brian Armstrong. Eventually, he also moved away from the company and helped found Paradigm, an investment firm that focuses on cryptocurrency and Web 3.0 opportunities.</p><p>Let’s get into the details of Ehrsam’s purchase.</p><h2>Co-founder and Director Fred Ehrsam Buys COIN Stock</h2><p>On May 24, Fred Ehrsam purchased 30,030 shares at an average price of $60.60 per share. In total, the purchase amounted to just over $1.8 million. Ehrsam indirectly purchased all of these shares through the Paradigm One Fund. After the purchase, Ehrsam indirectly owns 1.12 million shares through the fund. He also owns another 1.13 million shares through the Frederick Ernest Ehrsam III Living Trust and 1,213 shares directly. Finally, Ehrsam owns an additional 2.58 million shares through the Paradigm Fund.</p><p>Earlier, on May 17, Ehrsam purchased385,260 shares through the Paradigm One Fund at average prices ranging between $63.92 and $66.52. The purchase amounted to a massive $25 million. However, Ehrsam made an even bigger purchase on May 13, purchasing706,554 shares at average prices ranging between $69.53 and $72.85. That purchase amounted to a whopping $50 million.</p><p>Ehrsam seems to be buying back shares at a discount after selling out shares following the company’s initial public offering (IPO). One article from <i>The Wall Street Journal</i> details how four Coinbase insiders sold $1.2 billion of COIN following the company’s IPO. These four insiders are co-founders Fred Ehrsam and Brian Armstrong as well as COO Emilie Choi and CPO Surojit Chatterjee. At its initial public offering, COIN stock initiated trading at $381. The four insiders sold shares at prices between $189 and $422. Today, the stock is trading in the low $70 range.</p><p>Armstrong sold shares worth $292 million through both himself and his trust. On top of that, Ehrsam sold nearly $500 million of COIN. Meanwhile, Choi “exercised options at a cost of $9.7 million […] while Chatterjee exercised options at a cost of $6 million.” Choi and Chatterjee also sold shares worth $226 million and $110 million, respectively.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Co-Founder Fred Ehrsam Just Bought $1.8 Million in Coinbase (COIN) Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCo-Founder Fred Ehrsam Just Bought $1.8 Million in Coinbase (COIN) Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-30 07:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/co-founder-fred-ehrsam-just-bought-1-8-million-in-coinbase-coin-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase(NASDAQ:COIN) co-founder Fred Ehrsam purchased 30,030 shares of COIN stock on May 24The shares were purchased at an average price of $60.60Ehrsam purchased the shares through ParadigmShares of...</p>\n\n<a href=\"https://investorplace.com/2022/05/co-founder-fred-ehrsam-just-bought-1-8-million-in-coinbase-coin-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/05/co-founder-fred-ehrsam-just-bought-1-8-million-in-coinbase-coin-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190992024","content_text":"Coinbase(NASDAQ:COIN) co-founder Fred Ehrsam purchased 30,030 shares of COIN stock on May 24The shares were purchased at an average price of $60.60Ehrsam purchased the shares through ParadigmShares of Coinbase stock are in the spotlight today following another insider purchase from co-founder Fred Ehrsam. This is Ehrsam’sthird insider purchase of the crypto exchange this month. In fact, no Coinbase insider has purchased shares of COIN stock this year on the open market besides Ehrsam.Ehrsam helped found Coinbase alongside current CEO Brian Armstrong. Eventually, he also moved away from the company and helped found Paradigm, an investment firm that focuses on cryptocurrency and Web 3.0 opportunities.Let’s get into the details of Ehrsam’s purchase.Co-founder and Director Fred Ehrsam Buys COIN StockOn May 24, Fred Ehrsam purchased 30,030 shares at an average price of $60.60 per share. In total, the purchase amounted to just over $1.8 million. Ehrsam indirectly purchased all of these shares through the Paradigm One Fund. After the purchase, Ehrsam indirectly owns 1.12 million shares through the fund. He also owns another 1.13 million shares through the Frederick Ernest Ehrsam III Living Trust and 1,213 shares directly. Finally, Ehrsam owns an additional 2.58 million shares through the Paradigm Fund.Earlier, on May 17, Ehrsam purchased385,260 shares through the Paradigm One Fund at average prices ranging between $63.92 and $66.52. The purchase amounted to a massive $25 million. However, Ehrsam made an even bigger purchase on May 13, purchasing706,554 shares at average prices ranging between $69.53 and $72.85. That purchase amounted to a whopping $50 million.Ehrsam seems to be buying back shares at a discount after selling out shares following the company’s initial public offering (IPO). One article from The Wall Street Journal details how four Coinbase insiders sold $1.2 billion of COIN following the company’s IPO. These four insiders are co-founders Fred Ehrsam and Brian Armstrong as well as COO Emilie Choi and CPO Surojit Chatterjee. At its initial public offering, COIN stock initiated trading at $381. The four insiders sold shares at prices between $189 and $422. Today, the stock is trading in the low $70 range.Armstrong sold shares worth $292 million through both himself and his trust. On top of that, Ehrsam sold nearly $500 million of COIN. 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thanks","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102048948,"commentId":"102048948","gmtCreate":1653874608245,"gmtModify":1663250579638,"authorId":4087710259603230,"author":{"id":4087710259603230,"idStr":"4087710259603230","authorId":4087710259603230,"name":"GREEDisGOOD","avatar":"https://static.tigerbbs.com/71627204ecf0601e76da79a41d05dbbc","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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this","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102048913,"commentId":"102048913","gmtCreate":1653874493325,"gmtModify":1663250580349,"authorId":3581759751571815,"author":{"id":3581759751571815,"idStr":"3581759751571815","authorId":3581759751571815,"name":"Remedy","avatar":"https://static.tigerbbs.com/3ee44c4275133fc0f9b0a167e321a09e","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 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alinh","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102048912,"commentId":"102048912","gmtCreate":1653874491321,"gmtModify":1663250580429,"authorId":3581558110897670,"author":{"id":3581558110897670,"idStr":"3581558110897670","authorId":3581558110897670,"name":"poonhoekit","avatar":"https://static.tigerbbs.com/96340bc4d0663a95d025226aa3821c93","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9024283853,"objectIdStr":"9024283853","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"uptrend <u>buy</u>","text":"uptrend <u>buy</u>","html":"uptrend <u>buy</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102048904,"commentId":"102048904","gmtCreate":1653874469678,"gmtModify":1663250579642,"authorId":3575461551657808,"author":{"id":3575461551657808,"idStr":"3575461551657808","authorId":3575461551657808,"name":"Brrrrrrrrrrr","avatar":"https://static.tigerbbs.com/97d44d09feebf875ee4ab34bd4d5eb7e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 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there…","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9024283853"}