I might have a fun scenario on why that co-founder chose to purchase $50 million+ in $COIN stock:
"It is the year 2025, and Web 3 is the dominant force in the tech industry. Coinbase has become the major investment bank for the entire Web 3 universe. The company has a deep understanding of the Web 3 market, and it has a strong track record of success.
Coinbase has helped to finance some of the most innovative Web 3 companies, including OpenSea, Axie Infinity, and Uniswap. The company has also helped to raise billions of dollars for these companies.
As a result of its success, Coinbase has become a major player in the Web 3 ecosystem. The company has a strong brand name, and it is well-respected by investors. Coinbase is also well-positioned to continue to grow in the years to come.
The Web 3 universe is still in its early stages, but it has the potential to revolutionize the way we interact with the internet. Coinbase is well-positioned to be a major player in this revolution."