Vlad Tenev

Yeah.

That's a good idea.

Yeah.

And it didn't work out.

super well because we were never really able to build a super engaged community.

But good problem solving.

Yeah, yeah.

And sometimes I think, well, crypto was in our radar.

What if instead we built the same functional thing, a broker, but launched with crypto first and then expanded into stocks?

Would that have worked a little bit better?

When did Coinbase start?

I think they started around that time, 2012, 2013, a few years before us.

I think crypto was still pretty niche.

If you were a cyberpunk techno-optimist person, it was very much on your mind.

I remember reading about Bitcoin and doing a little mining back in 2011.

And I think it first hit the public consciousness in 2013, actually, because that was when the price of Bitcoin had its first major surge and hit $1,000 a coin.

up from maybe like $20, so massive.

It was on the news, it was on NPR, $1,000 a coin, people were going kind of crazy.

And then it crashed back down to 60 and people were like, okay, this is a fad.

And then four years later, it had its second huge run up to 20,000 a coin.