BitalkNews|3月 31, 2026 03:11
a16z: Coinbase's internal innovation incubation mechanism, Next Bets, only needs one 'Yes' for a project to take off.
Every six months, they open up an internal pitch session. Any employee can take the stage with a team of 1-2 people. The panel includes heads of various products, the CEO, President, and CFO.
If any panel member is willing to fund it, the project kicks off immediately—no need for the boss's approval, no need for unanimous votes. Just one 'Yes' is enough.
Teams are set up with 2-3 people, a very small budget, and the freedom to fail. But if they win, the impact can be huge.
This mechanism has already produced USDC and Base. The next product is expected to debut in a few weeks.
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