I loved Brian Armstrong from the moment he walked into my office, but I had already invested in CoinLab, so I didn’t invest at first. But my son, Adam did. I decided Coinbase would have too long a road to success, so I passed. Ouch. I thought retail crypto was too far away, but my son Adam disagreed and wrote Brian his first check. I followed suit shortly after and got in on the next round. Coinbase has become a household name and dominates the world of cryptocurrency. Coinbase now has over 120 million customers who use Bitcoin and other cryptocurrencies for commerce, finance, trading, and value storage. The return from Coinbase alone nearly doubled our entire Draper Associates Fund V. Brian has been an unwavering north star in Bitcoin and crypto. His innovation and creativity know no bounds. The lesson for founders: If the first VC says no... try asking one of their sons or daughters... some call mine the new VC Scions.(Tim Draper)