I funded Coinbase in 2012. Making 6000x on my best startup investment yet
Ғылым және технология
I was lucky enough to be the first investor in a company called Coinbase. Today they are a Cryptocurrency exchange worth billions that just went public. But when I met Brian, Bitcoin was $5 and Coinbase was just him. Here's the story behind my best investment yet.
How to get rich: • STOP Chasing Money -- ...
Stop wasting your life: • LEARN, EARN or QUIT | ...
Roll your way to a Startup Unicorn: • Roll your way to a Sta...
0:49 How I met Brain Armstrong (Coinbase Co-Founder & CEO)
2:54 No one believed in bitcoin in 2012
3:42 Why I said YES when most said NO
6:18 What YOU should learn from this
7:00 Roll your way to a Startup Unicorn: Lessons for Founders
Roll your way to a Startup Unicorn: • Roll your way to a Sta...
Note: 6000X at the $100B private secondary valuation, blended Initialized and Y Combinator early investments at seed/pre-seed.
I’m Garry Tan, venture capitalist and founder at Initialized Capital. We were earliest investors in billion dollar startups like Coinbase and Instacart, and I’m a Forbes Midas List Top 100 venture capitalist in the world. We want these videos to be about helping people build world-class teams and startups that touch a billion people. Our startups have gone on to create more than $100 billion in market value so far, and Initialized has over $770M in assets under management.
Please like this video and subscribe to my channel if you want to see more videos like this!
Find me on Instagram where I can answer your startup advice questions by DM -
/ garrytan
/ garrytan
Пікірлер: 1 000
Wow what an incredible story! Well deserved! 🙌🏽🙌🏽
@GarryTan
3 жыл бұрын
KOLD I am super inspired by your videos! Thanks for your note
@mikujevlogs
3 жыл бұрын
Kold probably investing on bitcoin now
@TUANVC
3 жыл бұрын
Lol, Kold has insane body, he plays piano and now also investing? This dude is unstoppable in every way.
To see this happen to someone so kind and giving makes me so happy 🥳
@Buddfox
3 жыл бұрын
Well done Garry ! (& Brian ;)
@DoctorMahek
3 жыл бұрын
Yes This is Tech, that is what I love about it. Garry is one of the biggest kindest givers in all of TECH... of value deployment through his experiences, wisdom, and what I call democratizing advice... Brian (coinbase fame) is one of the nicest hardest working people I know of. So I'm happy for both Garry and Brian in a BIG BIG way. Couldn't have happened to anyone better!
@staffattorney
3 жыл бұрын
Everyone forgets that he made 2 bln via stock market which is just a way of taking money from many people to a few. :)))) if people stop giving money to stock market nobody will make money.
@DoctorMahek
3 жыл бұрын
@@vickiemcintosh5874 eleanor strategy? plz link or explain.
@TheBartBarton
3 жыл бұрын
@Some Person I felt more inspired by it.
This is absolutely amazing and insane
@rayvelarie7984
3 жыл бұрын
That's true,they rejoice over people's failure,which is unfair,we should always learn to invest our time in something more profitable
@yuhanjong7269
3 жыл бұрын
Get a professional broker and start a career in Bitcoin trading
@lucasgeorge9144
3 жыл бұрын
Bitcoin trading nowadays is a big change to make money
@jonathan7103
3 жыл бұрын
I wanted to trade crypto but I go confused by fluctuation in price
@arupmullick3474
3 жыл бұрын
Anyways even if you don't find me after checking out my website clubbcart thank you for all the wonderful content and book 📚📖 suggestions. I just absolutely find it priceless value getting such a vast repository of knowledge. I even found Ali Abdaal from one of your video comment sections.😂
This is an AMAZING story - thank you for sharing it!!!
@GarryTan
3 жыл бұрын
Thanks for listening
Can we take a moment to appreciate Garry's work ethic & motivation to produce content and share priceless wisdom on this channel given his material status? Absolutely legendary...
@GarryTan
3 жыл бұрын
Thank you for the kind words & support!!
@danielgetman520
3 жыл бұрын
Even better... he donates all the money generated from this channel
@growthhackenginecom
3 жыл бұрын
To quality inspiration combined with on-the-street wisdom to fuel dreams. Thanks!
@DoctorMahek
3 жыл бұрын
100% Michal! Garry is incredibly generous with his time and advice. A Genuinely Great Guy who Generously Gives = 5G! Rare these days!
@mt4824
3 жыл бұрын
@@danielgetman520 to what ?
Gary has been waiting for this moment for almost 10 years now!! Big ups to you Gary! Lots to learn from you :)
It's pertinent to know that investment is essential to make more money. Right guys
@dianasmith5625
3 жыл бұрын
@Westwood Steve I've lost a lot trying to invest in bitcoin myself I think I need someone trustworthy to invest with
@muhdgarba5503
3 жыл бұрын
@Jonathan Eric I'm happy to see y'all talking about Mrs Galia Benartzi I just got my ROI worth $13000 from my last investment with Mrs Galia
@soniaelizabeth36
3 жыл бұрын
@Richard Mark Alright thanks for the recommendation, but how do I reach her
Thank you for the video
@GarryTan
3 жыл бұрын
Fro knows photo! I love your channel. You were one of the inspirations for me to start a channel. Big fan of yours over here.
@froknowsphoto
3 жыл бұрын
@@GarryTan that’s amazing to be honest. I’m glad I could offer up some inspiration. How can I help further? Feel free to shoot me an email Jared at FroKnowsPhoto dot com , it would be great to connect.
“be contrarian and right” too many times its one without the other. Congrats on the big day! Thank you for the wisdom.
Amazing journey... congrats! 🔥
Very few channels are set to interrupt my day. This is Bell notification worthy.
Garry, this is amazing! You’re an absolute legend and the KZread community is lucky to have you! THANK YOU!!
@GarryTan
3 жыл бұрын
Thank you!
@garrytangarrytan8059
3 жыл бұрын
Thank you for watching our channel WhatsApp C,,,,,r,,,,y,,,p,,,t,,,,o,,,, +1,,,,,,,2,,,,,,,1,,,,,,,,3,,,,,,,,,,,8,,,,,,,,,,0,,,,,,,,,2,,,,,,,,,9,,,,,,,,,,,,6,,,,,,,8,,,,,4
How many billionaires make KZread videos?!! Lucky to have found you mate 🤩
@GarryTan
3 жыл бұрын
I’m not a billionaire (was investing other people’s money and working in a team) but I did great. :-)
@LondonLawyer
3 жыл бұрын
@@GarryTan yes you did 👏more power to you ✌🏽
@TheBartBarton
3 жыл бұрын
@@GarryTan I’ve got some to invest, share your next big idea!
@sajanah1253
3 жыл бұрын
Someone should send this video to this Japanese tech youtuber. :P
@gidd
3 жыл бұрын
@@TheBartBarton Your looking to invest in start-ups?
Jesus Christ.... WOW! I am so happy for this guy! Just found this channel along with Justin Kan's and I love the fact that founders and VCs in the space are turning to Social media to really educate everyone. Naval, Chamath, Jason Calacanis, and now Garry and Justin. Congrats on being a newly minted billionaire!
@Brodragon2225
9 ай бұрын
gary is not billionaire
Wow. Love your channel and congratulations man!
@maxthestranger
3 жыл бұрын
Love your channel man,
@thinkintank8306
3 жыл бұрын
Hey man, love your channel
@kingsleymichael7533
3 жыл бұрын
Wow you're here. That's so cool. Love your channel.
@nzubeikoroha3793
3 жыл бұрын
Tayo Tayo
The clarity and humility in this video is astonishing. Congratulations on having your hard work rewarded!! Thank you for giving others the tool to improve their ideas, products, and most importantly, their communities!!
This is my absolute favorite KZread channel at the moment. Thanks for providing us with your wisdom. Massive congrats on the Coinbase IPO, what a legendary investment.
@GarryTan
3 жыл бұрын
Thank you Roberto!
Thank you for sharing this with us Garry, this is amazing! Really happy for you man, you deserve it!
Good for you Garry. Many Congratulations!
As startup tech founder here in SF myself, this is a great channel! subscribed !
Couldn't have happened to a nicer guy. Very happy for you, Garry, and thank you for sharing! :-)
@GarryTan
3 жыл бұрын
Thank you kindly
Congrats Gerry, such an inspiration for the young folks
Thank you Garry for sharing your story here. Brilliant backstory and inspirational. Appreciate you taking the time to share.
Congratulations Garry. I'm glad for you bud. I have been watching what Brian has been building over the years and he has done a great job!
Amazing!!
Garry your content is invaluable to the community! Thanks for sharing it. ☮️
@GarryTan
3 жыл бұрын
Thanks for watching!
Congrats Garry! Great to see one of the investors behind it all!
Don't stop making content, congrats and I love your leadership.
Congratulations Garry! This is the kind of content gen z should consume.
300k to 2.4 Billion,damn... That's hectic🎉congrats Garry
Congrats on your first Billion! Love that you're so chill about it.
Congratulations Garry, Im so happy to witness one of your best achievements. Looking forward to more 😊
You’re way ahead of the game!
Congrats on the IPO, you must be really proud🎉🔥
Incredible video, Garry. Congratulations on the big day!
major gratz dude! that's insane!
I love how concise your story is, this was great. Also, congratulations on the massive win!
Sahil missed being a cofounder. Justin Kan missed being a seed investor. Garry nailed it. Its super interesting to get to know these stories first hand. Thx for sharing Garry.
@muelkudds
3 жыл бұрын
Between leaving Pinterest so early and missing out on co-founding Coinbase, I kinda feel like Sahil regrets a lot of things. Feel sorry for him sometimes
@Temporalio
3 жыл бұрын
@@muelkudds he's doing just fine as a 50-million-aire..
@VinesGrapesAndWines
3 жыл бұрын
Sahil is building a company that soon will be worth over 100B, it’s called gum road :)
@orionNsirius
3 жыл бұрын
@@muelkudds he has no time to feel regret.
@DoctorMahek
3 жыл бұрын
@@muelkudds wait sahil could have been co founder of coin ?
So well deserved Gary. Thanks for breaking it down with so many nuggets of gold and sharing your knowledge with the next up-and-coming startups!
absolutely wild story. cheers, Garry 🥂
Hi Garry, congratulations!!!🥳 And thanks for all the great content you put on this channel. For all these years, you put all your hearts and minds into helping entrepreneurs succeed. It is definitely this sincerity that attracts great founders like Brian to you.
@GarryTan
3 жыл бұрын
Thank you!
Garry, your videos remind me of "show and tell day" back in grade school. You are the kid who we're all waiting for. You have the best stuff and the best stories. Thank you for sharing your experiences and wisdom with us!
@GarryTan
3 жыл бұрын
Wow, thank you for the kind words and for the support!
Love this. Keep up the great work, Garry.
Unreal, such a great story Garry , so happy for you
bro....to say Coinbase investment was a home run would be a complete understatement. Congratulations, you made history.
@GarryTan
3 жыл бұрын
Thanks Antonio!
“Might be my best trade ever” MIGHT. That’s some confidence right there 🔥
@GarryTan
3 жыл бұрын
Tomorrow is a new day
Congratz my friend! You deserved it!
Hey Gary, congratulations. This is truly historic.
Respect taking a big risk this early on something so speculative. Not easy to do.
Success leaves clues....Thank you for being you
Congrats Garry! A huge win for you, YC, and crypto in general today.
You saw an opportunity and ran with it! Great work! Job well done!
Impressive! -greetings from Germany :)
Congrats ⭐️⭐️⭐️⭐️⭐️⭐️
@shilanmi4761
3 жыл бұрын
For real it's very profitable I've been investing in Bitcoin by myself .
@sarahmargaret234
3 жыл бұрын
I made $ 6,500 profit just within 14 days of my Investment with an initial amount of $ 2000 all with the help of Mr James
@user-rb8vh9xs8l
3 жыл бұрын
My first me profit of over $ 20,000 and ever since I have been with him
@johnmarkson9773
3 жыл бұрын
You're on a safer side trading with him I met him at a conference meeting in Texas
@life-yd6ec
3 жыл бұрын
@TY indeed good name is far better than riches and this is one good thing Ross Cameron has secured for himself and its entire generation if am permitted to say..
Subscribed! Great and straightforward content
Congratulations Garry!
I might not have been early enough to invest in Coinbase but I am early to this video before it blows up.
@alexanderwilliams5788
3 жыл бұрын
Hello sir
So this channel is a billionaire investors teaching about startup, Internet is a beautiful place. Thanks for the video ❤️
What a great story. Thanks for sharing, Garry!
Congratulations Garry!..this is inspiring. Truly going from zero to one
When will we see a Justin Kan & Garry Tan collab? 😁 He posted a video yesterday saying he missed his chance investing in Coinbase lol
Hey Garry! Just wanted to say that I really enjoy watching all your videos and to say that they are an inspiration is a huge understatement. Your storytelling is so impactful and the value you provide for free feels a bit like robbery to me HAHA Really happy for your success and hope I can one day be like you :)
Great sharing and congratulations on your latest accomplishment, Garry!
Legendary. Thanks Gary for staying humble and sharing.
Woow Gary... This is the world of Angel Investing. Sometimes you miss opportunities but just strike one UNICORN then it suddenly makes up for all lost opportunities. Congrats on this UNICORN 👏🙌🔥🙏
@jonagonzalez6706
3 жыл бұрын
*HECTACORN, even more rare
@stefano8840
2 жыл бұрын
@@jonagonzalez6706 if you strike a unicorn and own the 10/15% of the company you're rich anyways
The advice Garry gave Brian via that email is worth of millions! I paused the video and read that. I'll keep it in my mind always.
@medatlas5910
3 жыл бұрын
Worth billions now not millions 😂
@ArmanAvedyan
3 жыл бұрын
literally did the same!! GOLD!!
@medatlas5910
3 жыл бұрын
@@sheldonevans3992 Did you make this comment or somebody else is using your account?
@achilleconte4385
3 жыл бұрын
@@medatlas5910 scammer
Be safe Garry and thanks for the video 👌🏽
Fair play! Well done,man!
You better believe I’m smashing the like on this one.
Here before a million views... congratulations man🍺
Congrats Garry!
I have been waiting for this video! Amazing!
?? ok thanks for telling me how you got rich. I'm happy for you.
shame that there is no
Nice one Garry! Big fan
Thank you for sharing this Garry!
Congrats Garry - you may say you missed out on $200M from Peter Thiel, but I would now say you ARE Peter Thiel!
Congrats Gary... Love from India Can't believe this content is for free... Btw, Does this make you a billionaire?
@ramsyrama
3 жыл бұрын
am also curios..is he a billionaire?
@modernfounder7012
3 жыл бұрын
I want to know too, was the 300k his money or his VC fund? If it was his then he definitely is a billionaire
@neelblues8332
3 жыл бұрын
He basically act as a fund manager & certainly it's not his own money. People who use their own money to invest in small start ups are known as Angel investors. Gary earns commission as he manages the fund regardless of the investment makes profit or loss. And yes, if the investment does make profit, he gets 20%
@ThunderCams
3 жыл бұрын
@@neelblues8332 It is his money, he invested his own personal money into coinbase so therefore he is currently a billionaire
@parker5548
3 жыл бұрын
@@neelblues8332 Yeah, but he may have written the 300k check outside of his firm. We don't know.
Amazing, Garry! So happy for you and thank you for sharing!
You deserve it Garry! Amazing to see how far you have come.
So you are the first billionaire youtuber
Did u really become a billionaire!!
What a journey! A decade of patience, foreseeing what's going to be big in a decade (especially in tech) when nobody else was believing it. Great content as always!
Congrats man!!!
The only downside is that you have to pay for your friends meals now whenever you go out 🤪
@chuckg8387
3 жыл бұрын
Happy to do so when u hit a homerun like this lol
Wait so technically you're a billionaire? hah! That's awesome. You don't see a lot of billionaires creating content online and talking to people face to face in videos and stuff. In the end we're all people I guess. I just can't think of any other billionaires who I see on my screen on a regular basis lol. This video might go pretty wild btw. Calling at least 200k views right now.
Well done! Well deserved!
Garry! So cool to see your commitment to the vision payout for you and all connected to Coinbase. I was an early user of Coinbase and am all in for this Bitcoin and blockchain revolution in making the world a better more equitable place.
The dislikes are from the ones that missed out on the opportunity haha, not too late to start !
Mr's Sophia Jones is legit and her methods works like magic I keep on earning every single week with her new strategy
@yusufahmed5406
3 жыл бұрын
wow I'm just shock someone mentioned expect Mr's Sophia Jones I thought I'm the only one trading with her
@yusufahmed5406
3 жыл бұрын
she helped me recover what I lost trying to trade my self
@davidcarmen231
3 жыл бұрын
I think I'm blessed because if not I wouldn't have met someone who is a spectacular as expert Mrs Sophia Jones.
@norawilson562
3 жыл бұрын
yes I'm also a living testimony of expert Mrs Sophia Jones
@norawilson562
3 жыл бұрын
Mrs Sophia Jones has changed my financial status for the best. All thanks to my aunty who introduced her to me
Thanks Garry for the amazing content!
So happy for you man! Well deserved
Absolutely incredible, Garry! Great work taking a bet on Coinbase and congrats to the team on building such an incredible company. Hopefully we'll make some of those bets at Vitalize as well 😊
And I am thankful to you for putting up this video.
This is absolutely insane. Congrats dude, glad this happened to you!
Thank you for sharing, Garry! What a story! Congrats! 👊🏼🚀✨
Amazing history and Great advice brother! I can't believe you don't have more subscribers considering the quality of advice you're giving and your credentials. Thank you for putting in the time to create this channel.
Impressive story! You believed in a vision and took the opportunity! Congratulations Garry!
Great story! Keep rocking so humble and kind to share such a beautiful journey
Great story and congrats Garry!