Comment on Brian Armstrong sold $291.8M in Coinbase shares on opening dayComments−asdev5ywhy is this news and getting upvotes? it was 1.5% of his stake. People here really want to FUD anything crypto related in any way possible−MattGaiser5yIf this were a traditional IPO, a founder selling their stake right from the start would be a bearish sign that they do not believe in the current price.The error is in people not knowing it is a direct listing and how they work.
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why is this news and getting upvotes? it was 1.5% of his stake. People here really want to FUD anything crypto related in any way possible
If this were a traditional IPO, a founder selling their stake right from the start would be a bearish sign that they do not believe in the current price.
The error is in people not knowing it is a direct listing and how they work.