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The conversation comes on the heels of the company's decision to pull support for the current version of a market-structure bill due for Senate Banking Committee review this week. He speaks with Bloomberg's Emily Chang from the 2026 World Economic Forum.
Brian Armstrong, co-founder and CEO of Coinbase, joins David Solomon, Chairman and CEO of Goldman Sachs, to discuss Coinbase's founding story, and the company's evolution into a multi-product, multi-revenue stream business.
17:49 – Mission: giving people a shot
21:28 – M&A landscape opening up
22:09 – Why foundation models alone aren't enough
25:46 – Ownership and the future of VC
29:03 – Why AI will produce more winners than previous technology cycles
32:01 – Rapid-fire personal questions
0:00 – Introduction
1:33 – Managing GPs vs. companies
4:33 – Framework for evaluating GP performance
6:23 – Verticalization strategy & firm structure
10:14 – Culture and staying in the details
12:46 – How to identify the right markets
(23:45) What platform services work and don’t work
(26:58) Ben’s view on board seats
(34:56) The evolution of media
(44:44) Laws of physics for fund sizes
(48:28) Winning is more impactful than picking