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      Steve Wozniak's Early Experience At HP Invoked By Coinbase CEO Brian Armstrong To Push 'One Yes' Innovation Rule: 'Anyone In The Company Can Pitch'

      On Tuesday, Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong urged companies to rethink how innovation is approved, arguing that a single "yes" can be more powerful than layers of consensus.

      Apple Origin Story Inspires Coinbase's Innovation Playbook

      Armstrong pointed to Steve Wozniak's early experience at Hewlett-Packard, where his idea for a personal computer was rejected.

      Wozniak later went on to co-found Apple Inc. (NASDAQ:AAPL), turning that rejected concept into one of the most valuable companies in the world.

      Apple currently has a market cap of $3.80 trillion, making it the second most valuable company after Nvidia Corp (NASDAQ:NVDA).

      "It's a lesson for leaders: one ‘no' shouldn’t kill a contrarian but right idea in your company," Armstrong said.

      ‘You Need One Yes': Inside Coinbase's Pitch Model

      At Coinbase, Armstrong said innovation is structured more like venture capital investing.

      "Twice a year at Coinbase, anyone in the company can pitch a ‘next bet,'" he said. These pitches are evaluated by a panel, and "if you get any one of them to say yes and fund ...

      Full story available on Benzinga.com


      Source: Benzinga
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