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Chamath Palihapitiya Says "Completely Missed" Early Investment In Coinbase

Mary Liu

Summary: Chamath Palihapitiya, Social Capital CEO, Virgin Galactic Chairman, and well-known Bitcoin advocate regrets not investing in Coinbase, he tweeted: "I’m not an investor in Coinbase. I totally missed it." Palihapitiya also stated that he was fortunate enough that he chose to buy Bitcoin, which has better convexity.  But he recommends owning both Bitcoin and companies built on ...

Chamath Palihapitiya, Social Capital CEO, Virgin Galactic Chairman, and well-known Bitcoin advocate regrets not investing in Coinbase, he tweeted: "I’m not an investor in Coinbase. I totally missed it."

Palihapitiya also stated that he was fortunate enough that he chose to buy Bitcoin, which has better convexity. 

But he recommends owning both Bitcoin and companies built on it. He said: "The right decision then was to invest in NEITHER or invest in BOTH.  The latter would have turned out to be the best decision obv."

By Mary Liu

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