09 May '13, 12pm

The Most Important Early-Stage Investor Of The Last 10 Years Just Made A Huge Bet On Bitcoin

The Most Important Early-Stage Investor Of The Last 10 Years Just Made A Huge Bet On Bitcoin

just led his first startup deal in nearly two years. Wilson led a $5 million round in Coinbase, a startup for buying, selling, and accepting Bitcoins. Bitcoins are a form of decentralized, digital currency. This year, Bitcoin's value has reached new heights. Today, Bitcoin is trading around $111. At its peak , it reached $266. In January, it was trading at $15. "We believe that Bitcoin represents something fundamental and powerful, an open and distributed Internet peer to peer protocol for transferring purchasing power," Wilson wrote on the USV blog . Wilson went on a hiatus because of his commitments to other startups, he writes on his blog . Since USV formed in the fall of 2004, Wilson has made 20 investments (now 21) but only six of those startups have made an exit. Some of the companies in Wilson's portfolio include Twitter, Zynga , and Kickstarter . "Two things have h...

Full article: http://www.businessinsider.com/fred-wilson-invests-in-coi...

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Early-stage #investor @FredWilson just made a h...

finance.yahoo.com 09 May '13, 12pm

just led his first startup deal in nearly two years. Wilson led a $5 million round in Coinbase, a startup for buying, sell...

FRED WILSON: Here's Why I'm Investing In Bitcoin

FRED WILSON: Here's Why I'm Investing In Bitcoin

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@usv

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blogs.wsj.com 07 May '13, 9pm

Eleven-month-old startup Coinbase announced Tuesday the largest funding round to date for a Bitcoin startup, a $5 million ...

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