Coinbase is a digital currency exchange company with its headquarters in San Francisco, California. The company is a broker between people wanting to exchange various forms of cryptocurrency which include Etherium, Etherium Classic, Litecoin, Bitcoin, and Bitcoin Cash. The current Chief Executive Officer is Brian Armstrong, who was also one of the cofounders. The Chief Executive Officer and president is Alesia Jeanne Haas, while Balaji S Srinivasan is the Chief Financial Officer. Coinbase has over 700 employees and some of the employment opportunities include positions in business development, positions and operations and strategy, corporate development, customer support positions, support analyst positions and in support operations. They also may have positions in data and risk, as well as design positions.
The company began in June 2012 when Brian Armstrong and Fred Ehrsam decided to create a business that would take advantage of the new and extremely popular cryptocurrency market. Another partner named Ben Reeves was one of the original founders but left after some differences in the way the company should operate separated the original trio. The company launched the service in October 2012 to buy and sell Bitcoin using bank transfers. The initial investment was $5 million and it happened just a few months after launching the company. They have two main products: their Bitcoin brokerage and the global digital asset exchange.
The company has fiat currencies from around the world including 32 different countries, as well as Bitcoin transactions in more than 190 countries around the world. The most recent investment in the company was a $25 million investment from venture capital firms Andreessen Horowitz, Union Square Ventures, and Ribbit Capital. The estimated revenue for the 2017 fiscal year for Coinbase was just under $1 billion
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