The makers of Coin -- a device that can be programmed to act as a credit, debit, gift, and rewards card rolled into one -- were not expecting their .84mm-thin device to become a Silicon Valley sensation. Sure, their promotional video and Web site were well-produced, but the team of seven set its crowdfunding goal at a modest $50,000. The startup hit that goal in only 40 minutes. Meanwhile, its YouTube video has attracted more than 5.5 million views.
CEO Kanishk Parashar is keeping under wraps just how many devices Coin has sold since launching this past Thursday. … Read more