From the story. How Adam Draper finally decided to invest $25K in Coinbase's seed round:
“I was on the toilet, where all the greatest epiphanies are had, and I was skimming a magazine that had been next to my toilet,” Draper recalls. “It was Economist magazine. There was an article — it was talking about the bubble bursting of bitcoin.” The October 2011 article began, “BITCOIN, briefly the world's favorite cryptocurrency, is in trouble.”
But Draper came to a very different conclusion, reading the months-old piece that had been gathering dust in his bathroom. “It was honestly a pretty good article,” Draper says. “They thought it was over.” But now many months later, Bitcoin was still going. He thought to himself, “Somebody wants this thing to exist, this Bitcoin thing.”
“I called Brian. I don't think I was still on the toilet — I don't think he cared as much about me being on the toilet. I was like, ‘I’m in.’”
