Coinbase greenlights internal projects with a single sponsor's approval
Brian Armstrong · Coinbase CEO Explains the Future of Crypto · Jun 4, 2025 · at 9:06
Brian Armstrong discusses Coinbase's internal venture program 'Next Bets' for funding employee projects.
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“So we actually set up this thing called we call it, like, Next Bets, and twice a year, anybody in the company can come pitch it's, like, a group of people, we call it, like, internal venture capital, and they're basically the people who run different product groups, But there's also some really kind of like smart young engineers, et cetera. Basically, if any one of them raised their hands and said, I want to fund that out of their budget, then you're greenlit to go do it. You don't have to get a unanimous yes. You just need one person to say yes.”
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