Sec Form 13G Filing - Andreessen Horowitz Fund III L.P. filing for Coinbase Global Inc. (COIN) - 2022-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. __)*

 

Coinbase Global, Inc.

(Name of Issuer) 

 

Class A Common Stock

(Title of Class of Securities)

 

19260Q107

(CUSIP Number)

 

December 31, 2021

(Date of Event Which Requires Filing of this Statement) 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

x Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

 

Page 1 of 17 Pages

Exhibit Index Contained on Page 16

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 2 of 17

 

1 NAME OF REPORTING PERSONS
              Andreessen Horowitz Fund III, L.P. (“AH III”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
10,864,390 shares, of which (a) 10,761,104 are held of record by AH III for itself and as nominee for Andreessen Horowitz Fund III-A, L.P. (“AH III-A”), Andreessen Horowitz Fund III-B, L.P. (“AH III-B”), and Andreessen Horowitz Fund III-Q, L.P. (“AH III-Q”), and (b) 103,286 are held of record by a16z Seed-III, LLC (“Seed III”), whose members are AH III, AH III-A, AH III-B and AH III-Q, except that AH Equity Partners III, L.L.C. (“AH Equity III”), the general partner of AH III, may be deemed to have sole power to vote these shares, and Marc Andreessen (“Andreessen”) and Benjamin Horowitz (“Horowitz”), the managing members of AH Equity III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
10,864,390 shares, of which (a) 10,761,104 are held of record by AH III for itself and as nominee for AH III-A, AH III-B and AH III-Q, and (b) 103,286 are held of record by Seed III, whose members are AH III, AH III-A, AH III-B and AH III-Q, except that AH Equity III, the general partner of AH III, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,864,390
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.0%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 3 of 17

 

1 NAME OF REPORTING PERSONS
              AH Equity Partners III, L.L.C. (“AH Equity III”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
10,864,390 shares, of which (a) 10,761,104 are held of record by AH III, for itself and as nominee for AH III-A, AH III-B and AH III-Q and (b) 103,286 are held of record by Seed III, whose members are AH III, AH III-A, AH III-B and AH III-Q. AH Equity III, the general partner of AH III, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
10,864,390 shares, of which (a) 10,761,104 are held of record by AH III, for itself and as nominee for AH III-A, AH III-B and AH III-Q and (b) 103,286 are held of record by Seed III, whose members are AH III, AH III-A, AH III-B and AH III-Q. AH Equity III, the general partner of AH III, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,864,390
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.0%1
12 TYPE OF REPORTING PERSON OO

 

1 Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 4 of 17

 

1 NAME OF REPORTING PERSONS
              AH Parallel Fund III, L.P. (“AH Parallel III”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
890,493 shares, for itself and as nominee for AH Parallel Fund III-A, L.P. (“AH Parallel III-A”), AH Parallel Fund III-B, L.P. (“AH Parallel III-B”), and AH Parallel Fund III-Q, L.P. (“AH Parallel III-Q”), except that AH Equity Partners III (Parallel), L.L.C. (“AH Equity Parallel III”), the general partner of AH Parallel III, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
890,493 shares, for itself and as nominee for AH Parallel Fund III-A, AH Parallel III-B, and AH Parallel III-Q, except that AH Equity Parallel III, the general partner of AH Parallel III, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 890,493
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.6%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 5 of 17

 

1 NAME OF REPORTING PERSONS
              AH Equity Partners III (Parallel), L.L.C. (“AH Equity Parallel III”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
890,493 shares, all of which are held of record by AH Parallel III, for itself and as nominee for AH Parallel III-A, AH Parallel III-B, and AH Parallel III-Q. AH Equity Parallel III, the general partner of AH Parallel III, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
890,493 shares, all of which are held of record by AH Parallel III, for itself and as nominee for AH Parallel III-A, AH Parallel III-B, and AH Parallel III-Q. AH Equity Parallel III, the general partner of AH Parallel III, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 890,493
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.6%1
12 TYPE OF REPORTING PERSON OO

 

1 Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on Novembe r 10, 2021.

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 6 of 17

 

1 NAME OF REPORTING PERSONS
              Andreessen Horowitz LSV Fund I, L.P. (“AH LSV I”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
2,263,232 shares, for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. (“AH LSV I-B”) and Andreessen Horowitz LSV Fund I-Q, L.P. (“AH LSV I-Q”), except that AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of AH LSV I, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH EP LSV I, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
2,263,232 shares, for itself and as nominee for AH LSV I-B and AH LSV I-Q, except that AH EP LSV I, the general partner of AH LSV I, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH EP LSV I, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,263,232
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.5%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 7 of 17

 

1 NAME OF REPORTING PERSONS
              AH Equity Partners LSV I, L.L.C. ("AH EP LSV I")
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
2,263,232 shares, all of which are held of record by AH LSV I, for itself and as nominee for AH LSV I-B and AH LSV I-Q. AH EP LSV I, the general partner of AH LSV I, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH EP LSV I, m ay be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
2,263,232 shares, all of which are held of record by AH LSV I, for itself and as nominee for AH LSV I-B and AH LSV I-Q. AH EP LSV I, the general partner of AH LSV I, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH EP LSV I, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,263,232
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.5%1
12 TYPE OF REPORTING PERSON OO

 

1 Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 8 of 17

 

1 NAME OF REPORTING PERSONS
              Marc Andreessen (“Andreessen”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
0 shares.
6 SHARED VOTING POWER
14,232,369 shares, of which (a) 10,864,390 are held of record by AH III, for itself and as nominee for AH III-A, AH III-B, and AH III-Q, or indirectly through Seed III, (b) 890,493 are held of record by AH Parallel III, for itself and as nominee for AH Parallel III-A, AH Parallel III-B, and AH Parallel III-Q, (c) 2,263,232 are held of record by AH LSV I, for itself and as nominee for AH LSV I-B and AH LSV I-Q, (d) 211,686 are held of record by a family trust, and (e) 2,568 are held of record by AD Holdings, LLC. Andreessen is (i) a managing member of AH Equity III, the general partner of AH III, (ii) a managing member of AH Equity Parallel III, the general partner of AH Parallel III, (iii) a managing member of AH EP LSV I, the general partner of AH LSV I, (iv) a trustee of his family trust, and (v) a manager of AD Holdings, LLC, and may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
0 shares.
8 SHARED DISPOSITIVE POWER
14,232,369 shares, of which (a) 10,864,390 are held of record by AH III, for itself and as nominee for AH III-A, AH III-B, and AH III-Q, or indirectly through Seed III, (b) 890,493 are held of record by AH Parallel III, for itself and as nominee for AH Parallel III-A, AH Parallel III-B, and AH Parallel III-Q, (c) 2,263,232 are held of record by AH LSV I, for itself and as nominee for AH LSV I-B and AH LSV I-Q, (d) 211,686 are held of record by a family trust, and I 2,568 are held of record by AD Holdings, LLC. Andreessen is (i) a managing member of AH Equity III, the general partner of AH III, (ii) a managing member of AH Equity Parallel III, the general partner of AH Parallel III, (iii) a managing member of AH EP LSV I, the general partner of AH LSV I, (iv) a trustee of his family trust, and (v) a manager of AD Holdings, LLC, and may be deemed to have shared power to dispose of these shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,232,369
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.2%1
12 TYPE OF REPORTING PERSON IN

 

1 Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 9 of 17

 

1 NAME OF REPORTING PERSONS
              Benjamin Horowitz
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)         ¨          (b)         x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

5 SOLE VOTING POWER
0 shares.
6 SHARED VOTING POWER
14,860,802 shares, of which (a) 10,864,390 are held of record by AH III, for itself and as nominee for AH III-A, AH III-B, and AH III-Q, or indirectly through Seed III, (b) 890,493 are held of record by AH Parallel III, for itself and as nominee for AH Parallel III-A, AH Parallel III-B, and AH Parallel III-Q, (c) 2,263,232 are held of record by AH LSV I, for itself and as nominee for AH LSV I-B and AH LSV I-Q, and (d) 842,687 are held of record by a family trust. Horowitz is (i) a managing member of AH Equity III, the general partner of AH III, (ii) a managing member of AH Equity Parallel III, the general partner of AH Parallel III, (iii) a managing member of AH EP LSV I, the general partner of AH LSV I, and (iv) a trustee of his family trust, and may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
0 shares.
8 SHARED DISPOSITIVE POWER
14,860,802 shares, of which (a) 10,864,390 are held of record by AH III, for itself and as nominee for AH III-A, AH III-B, AH III-Q and AH Seed III, or indirectly through Seed III, (b) 890,493 are held of record by AH Parallel III, for itself and as nominee for AH Parallel III-A, AH Parallel III-B, and AH Parallel III-Q, (c) 2,263,232 are held of record by AH LSV I, for itself and as nominee for AH LSV I-B and AH LSV I-Q, and (d) 842,687 are held of record by a family trust. Horowitz is (i) a managing member of AH Equity III, the general partner of AH III, (ii) a managing member of AH Equity Parallel III, the general partner of AH Parallel III, (iii) a managing member of AH EP LSV I, the general partner of AH LSV I, and (iv) a trustee of his family trust, and may be deemed to have shared power to dispose of these shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,860,802
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.6%1
12 TYPE OF REPORTING PERSON IN

 

1Based on 155,243,470 shares of the Issuer’s Class A Common Stock outstanding as of November 2, 2021, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021.

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 10 of 17

 

ITEM 1(A).NAME OF ISSUER

 

Coinbase Global, Inc.

 

ITEM 1(B).ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

 

Not applicable.

  

ITEM 2(A).NAME OF PERSONS FILING

 

This Schedule 13G is filed by Andreessen Horowitz Fund III, L.P., a Delaware limited partnership (“AH III”), AH Equity Partners III, L.L.C., a Delaware limited liability company (“AH Equity III”), AH Parallel Fund III, L.P., a Delaware limited partnership (“AH Parallel III”), AH Equity Partners III (Parallel), L.L.C., a Delaware limited liability company (“AH Equity Parallel III”), Andreessen Horowitz LSV Fund I, L.P., a Delaware limited partnership (“AH LSV I”), AH Equity Partners LSV I, L.L.C. (“AH EP LSV I”), a Delaware limited liability company, Marc Andreessen (“Andreessen”) and Benjamin Horowitz (“Horowitz”). The foregoing entities and individuals are collectively referred to herein as the “Reporting Persons.”

 

AH Equity III is the general partner of AH III and may be deemed to have sole power to vote and sole power to dispose of shares of the Issuer held of record by AH III for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., And reessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P. and indirectly by a16z Seed-III, LLC. Andreessen and Horowitz are managing members of AH Equity III and may be deemed to have shared power to vote and shared power to dispose of shares of the Issuer held of record by AH III for itself and as nominee.

 

AH Equity Parallel III is the general partner of AH Parallel III and may be deemed to have sole power to vote and sole power to dispose of shares of the Issuer held of record by AH Parallel III for itself and as nominee for AH Parallel Fund III-A, L.P., AH Parallel Fund III-B, L.P., and AH Parallel Fund III-Q, L.P. Andreessen and Horowitz are managing members of AH Equity Parallel III and may be deemed to have shared power to vote and shared power to dispose of shares of the Issuer held of record by AH Parallel III for itself and as nominee.

 

AH EP LSV I is the general partner of AH LSV I and may be deemed to have sole power to vote and sole power to dispose of shares of the Issuer held of record by AH LSV I for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. Andreessen and Horowitz are managing members of AH EP LSV I and may be deemed to have shared power to vote and shared power to dispose of shares of the Issuer held of record by AH EP LSV I for itself and as nominee.

 

ITEM 2(B).ADDRESS OF PRINCIPAL BUSINESS OFFICE

 

The address for each of the Reporting Persons is:

 

Andreessen Horowitz

2865 Sand Hill Road, Suite 101

Menlo Park, California 94025

  

ITEM 2(C).CITIZENSHIP

 

See Row 4 of cover page for each Reporting Person.

 

ITEM 2(D)TITLE OF CLASS OF SECURITIES

Class A Common Stock, $0.00001 par value per share.

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 11 of 17

 

ITEM 2(E)CUSIP NUMBER

 

19260Q107

 

ITEM 3.Not applicable.

 

ITEM 4.OWNERSHIP

 

The following information with respect to the beneficial ownership of the Class A Common Stock of the Issuer by the Reporting Persons is provided as of December 31, 2021.

 

(a)Amount beneficially owned:

See Row 9 of cover page for each Reporting Person.

 

(b)Percent of Class:

See Row 11 of cover page for each Reporting Person.

 

(c)Number of shares as to which such person has:

 

(i)Sole power to vote or to direct the vote:

See Row 5 of cover page for each Reporting Person.

 

(ii)Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)Shared power to dispose or to direct the disposition of:

See Row 8 of cover page for each Reporting Person.

 

ITEM 5.OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

Not applicable.

 

ITEM 6.OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

Under certain circumstances set forth in the limited partnership agreements of each of AH III, AH Parallel III and AH LSV I and the limited liability company agreements of AH Equity III, AH Equity Parallel III and AH EP LSV I, the general partner and limited partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer owned by each such entity of which they are a partner or a member, as the case may be.

 

ITEM 7.IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

Not applicable.

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 12 of 17

 

ITEM 8.IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.

 

ITEM 9.NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

 

ITEM 10.CERTIFICATION.

Not applicable.

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 13 of 17

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 14, 2022

 

  Andreessen Horowitz Fund III, L.P.
  for itself and as nominee for
  Andreessen Horowitz Fund III-A, L.P.
  Andreessen Horowitz Fund III-B, L.P.
  Andreessen Horowitz Fund III-Q, L.P.
   
  By: AH Equity Partners III, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners III, L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  a16z Seed-III, LLC
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Parallel Fund III, L.P.
  for itself and as nominee for
  AH Parallel Fund III-A, L.P.
  AH Parallel Fund III-B, L.P.
  AH Parallel Fund III-Q, L.P.
   
  By: AH Equity Partners III (Parallel), L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners III (Parallel), L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   

 

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 14 of 17

 

  Andreessen Horowitz LSV Fund I, L.P.
  for itself and as nominee for
  Andreessen Horowitz LSV Fund I-B, L.P.
  Andreessen Horowitz LSV Fund I-Q, L.P.

 

  By: AH Equity Partners LSV I, L.L.C.
  Its: General Partner
   
  By:  /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer

  

 

AH Equity Partners LSV I, L.L.C.

     
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer

 

  Marc Andreessen
   
  /s/ Scott Kupor
  Scott Kupor,
  Attorney-in-fact for Marc Andreessen*
   
   
  Benjamin Horowitz
   
  /s/ Scott Kupor
  Scott Kupor, Attorney-in-fact for Benjamin Horowitz*

 

*Signed pursuant to a Power of Attorney already on file with the Securities and Exchange Commission.

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 15 of 17

 

EXHIBIT INDEX

 

 

Found on

Sequentially

Exhibit Numbered Page
   
Exhibit A:  Agreement of Joint Filing 16

 

 

 

  

CUSIP NO.  19260Q107 13 G Page 16 of 17

 

exhibit A

 

Agreement of Joint Filing

 

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Class A Common Stock of Coinbase Global, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

 

Date: February 14, 2022

 

  Andreessen Horowitz Fund III, L.P.
  for itself and as nominee for
  Andreessen Horowitz Fund III-A, L.P.
  Andreessen Horowitz Fund III-B, L.P.
  Andreessen Horowitz Fund III-Q, L.P.
   
  By: AH Equity Partners III, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners III, L.L.C.
   
  By: AH Equity Partners II, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  a16z Seed-III, LLC
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Parallel Fund III, L.P.
  for itself and as nominee for
  AH Parallel Fund III-A, L.P.
  AH Parallel Fund III-B, L.P.
  AH Parallel Fund III-Q, L.P.
   
  By: AH Equity Partners III (Parallel), L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
  AH Equity Partners III (Parallel), L.L.C.
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer

 

 

 

 

CUSIP NO.  19260Q107 13 G Page 17 of 17

 

  Andreessen Horowitz LSV Fund I, L.P.
  for itself and as nominee for
  Andreessen Horowitz LSV Fund I-B, L.P.
  Andreessen Horowitz LSV Fund I-Q, L.P.
   
  By: AH Equity Partners LSV I, L.L.C.
  Its: General Partner
   
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer
   
   
 

AH Equity Partners LSV I, L.L.C.

     
  By: /s/ Scott Kupor
    Scott Kupor, Chief Operating Officer

 

 

  Marc Andreessen
   
  /s/ Scott Kupor
  Scott Kupor,
  Attorney-in-fact for Marc Andreessen*
   
   
  Benjamin Horowitz
   
  /s/ Scott Kupor
  Scott Kupor, Attorney-in-fact for Benjamin Horowitz*

 

*Signed pursuant to a Power of Attorney already on file with the Securities and Exchange Commission.