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Coinbase co-founder Fred Ehrsam puts his own money behind a Venezuelan oil opportunity

Bloomberg reports Ehrsam sees a “superlative” opportunity to become a significant oil producer in Venezuela.

BloombergBL
1 Source, 1h ago, first seen 1h ago

TLDR

Bloomberg reports Coinbase co-founder Fred Ehrsam is putting his own money behind an opportunity to become a significant oil producer in Venezuela. Ehrsam calls it “superlative” and compares it to the once-in-a-generation bets that made him a billionaire.

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Bloomberg@businessCoinbase co-founder Fred Ehrsam is putting his own money behind what he calls a “superlative” opportunity to become a significant oil producer in Venezuela, comparing it to the once-in-a-generation bets that made him a billionaire https://www.bloomberg.com/news/articles/2026-10-13/crypto-to-crude-coinbase-billionaire-sees-superlative-opening-in-venezuela?taid=6ace6aa45585730001895877&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter1h
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    1 Source

    Bloomberg@businessCoinbase co-founder Fred Ehrsam is putting his own money behind what he calls a “superlative” opportunity to become a significant oil producer in Venezuela, comparing it to the once-in-a-generation bets that made him a billionaire https://www.bloomberg.com/news/articles/2026-10-13/crypto-to-crude-coinbase-billionaire-sees-superlative-opening-in-venezuela?taid=6ace6aa45585730001895877&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter1h
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