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She moved to the United States at the age of 11. Who is Angela Meng, the Chinese-American boss of Coinbase?

24-10-11 10:01
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Written by: Jaleel plus six, BlockBeats


Who is Angela Meng? This may be the biggest news in the Chinese crypto community these days.


In the crypto industry, news of marriage can also spark a discussion, especially when the protagonist is Brian Armstrong, co-founder and CEO of Coinbase, the world's most well-known cryptocurrency trading platform. Recently, Brian announced on social media that he had been married to Angela Meng for a week, and this news quickly sparked heated discussions in the crypto community. Well-known figures from the global crypto field have sent their blessings, and Cathie Wood ("Wood Sister") of Ark Invest and the founder of MicroStrategy have expressed their sincere congratulations to the newlyweds.



As one of the world's largest cryptocurrency trading platforms, Coinbase has a market value of $41.4 billion. Coinbase is not only the largest cryptocurrency trading platform in the Western world, but also one of the most influential financial technology companies in the world. Coinbase was already a company with no worries about funds before its listing, and it has become even more popular after its listing. According to data, in the United States, about 13 out of every 100 people use Coinbase for transactions.


And Brian Armstrong's personal wealth has also risen steadily with the rise of Coinbase. His current net worth is about $7.4 billion, making him one of the important figures in the global cryptocurrency field.


The emergence of Angela Meng naturally aroused people's great curiosity about her, especially her Asian identity, which made the Chinese community feel at home. Some members of the crypto community even compared her with another Chinese "exchange boss lady" - He Yi of Binance. Although Angela seems to have no trace of being involved in the crypto field before, everyone can't help but wonder whether she will become Brian's right-hand man in his career, play an important role in the crypto world like He Yi, or continue her career as a journalist in the crypto industry.


From limited information, BlockBeats pieced together Angela's growth experience: she immigrated to the United States at the age of 11 and shared a house with two other families. She believed that her original family was between the working class and the new peasant class; when she went to middle school in the United States, like most children who immigrated at a young age, she had difficulty integrating into the community and was often bullied by local children; she raised a German shepherd mix for more than half a year, but her parents could not afford the cost of adopting it; she entered UCLA for college and became a journalist and model after graduation...


Immigrated to the United States at the age of 11, and shared a house with three families


For ten years before leaving China, Angela lived with her grandmother and grandfather. Angela's grandmother first worked in a paper mill and only had a high school education, but after the university reopened, she entered the University of Science and Technology of China as a laboratory assistant. Because she was loved by students, she was eventually promoted to professor.


In Angela's childhood memories, there are many times spent in the kitchen with her grandmother. The kitchen was dimly lit, there was no hot water, the green beans sizzled in the wok, and the kettle on the stove began to make a sharp sound. Her grandmother brought her a small stool and asked her to sit next to her to help cut vegetables while she was responsible for cooking. After dinner, they did homework together, cleaned the kitchen, and occasionally watched the news. Every month, she would help her grandmother dye her hair, and her grandmother would help her braid her hair.


Childhood Angela Meng and her grandmother, source Angela


As a generation under China's one-child policy, Angela and her peers are usually spoiled, but her grandmother gave her a good early education. Like her surrogate mother, it was her grandmother who taught her diligence, humility and integrity. Angela's grandmother died on the morning of May 6, 2020. Angela was in California at the time, and the 15-hour time difference made her feel that her grandmother was still alive in her own time when she received the news.


When Angela was 11 years old, she and her mother set foot on American soil to reunite with her father, and the family of three squeezed into a single-story room. They shared the small house with two other immigrant families, renting the cheapest bedroom in the middle for $400 a month. They shared the front door with one family and the back door with another family, and the bathroom was used by the three families in turn.


One of the two neighbors was a family of three. Angela's parents respected them very much because they had green cards and spoke basic English. They occupied the most beautiful part of the house, with a rose and some wild mint in the front yard. The mother of the family, Annie, was a warehouse receptionist who often practiced yoga and often showed Angela's family the "real American life" through brief exclamations: "Americans like pickup trucks, hamburgers, pizza, and sometimes they eat vegetables and eat them raw, which is called salad salad."


Angela was fascinated by her neighbor Annie's description of American social classes. Because in her opinion, China, where she was born, consists of three parts:


1) People with political connections, therefore wealthy and educated;

2) The working class, far less wealthy and far less educated;

3) The peasant class, which makes up about 65% of the population, uneducated and poor agricultural workers, literally called "peasants."


And her family, probably somewhere in between the working class and the new peasant class. Angela remembers going to the supermarket with her mother once, and she wanted to buy a box of strawberries that ripen quickly, but her mother saw the price and apologized to Angela, asking her to put down the strawberries at $3.99 per pound and pick up some Fuji apples at $0.69 per pound.


In addition to Annie's respected neighbor, Angela also has a neighbor who is four illegal immigrants, a pair of parents and a pair of twins. Angela's parents and neighbor Annie look down on this illegal immigrant family because they work below minimum wage jobs with irregular working hours, which are suitable for undocumented workers but harmful to health. The neighbor's father works at a construction site three hours away, and the mother is a nursing assistant for the elderly. She was an illiterate farmer in China. But Angela is full of affection for this neighbor because they do not show obvious cultural inferiority like neighbor Annie and her parents. With them, there is no talk of class or social status, nor jealousy or superiority. Although they often come home covered in dust or smell of sewage, they are warm without self-pity, curious without preaching, and seem to have a natural talent for accepting life.


And the twin children are troublemakers, but they are also Angela's good friends in childhood. The twin boys are named Kevin, and the twin girls are excited about having an English name and keep changing their names, such as April, June, Olivia, and this week Samantha.


“Outsider”, bullied in middle school


On the first day of middle school in the United States, Angela’s mother dressed her in clothes that are considered “cool” in China: a bright blue sweater with “BABY SEXY DREAM” written on it and a magenta bear pattern underneath. There was also a so-called “Louis Vuitton” headband (Louis Vuitton doesn’t make headbands at all) and a pair of color-blocked blue pants that were too big at the waist and too short at the bottom.


Unlike her current image of always smiling and working as a model for Elite Model Management and LA Models, Angela almost never smiled at that time and always looked down at her shoes, afraid that others would not smile back. She had no social skills at all and spoke poor English. When someone asked her why she didn't climb the monkey bars, she said in her broken English: "It's very ouch" (meaning "it hurts"), thinking that this sentence could express her fear of falling.


She grew up quickly, and in middle school she was about 152cm tall, but weighed only 32kg. Most of the kids in her class were about 135cm tall and of normal build, so Angela stood out from the crowd. She often walked with a hunched back and avoided eye contact because she was afraid of being laughed at.


Angela hated the playground because she had never used her body for anything other than to carry her thoughts. On the playground, she was clumsy, unbalanced, and uncoordinated. She had never thrown a ball, let alone caught it. Dodgeball was Angela's most hated sport, and she felt that it was the culprit for her post-traumatic stress disorder in elementary school. When playing, she either shuffled awkwardly or jerked back with her arms flailing. Most of her classmates grew up in a diverse education system, with the agility of a cheetah and the gymnastics skills of a jungle monkey.


Like most children who were born as immigrants, Angela was born with a thin body and an unsociable appearance. She had difficulty fitting in with the group of middle school students and became the target of ridicule and bullying by her peers. They did not hesitate to give her all kinds of vicious nicknames, such as "skinny bone jones", "bulimic bitch", "Jap", "chink", "gook" and "dumpling dumpster".


Angela was thrown into a world completely different from the Chinese education system she was familiar with. In Chinese schools, academic excellence is the only standard, respect is earned through perfect grades and mastering musical instruments, and any unruly behavior will not be tolerated. However, American schools are more like anarchy. Students curse each other and throw paper balls, and the teacher will only perfunctorily say "stop it" and let the situation deteriorate. Here, everyone seems to have a fixed social role, hard-working children are labeled as "nerds" and "losers", and respect is often not earned in the classroom, but earned through physical advantages on the playground during recess.


One afternoon, Angela was walking home when three classmates from science class caught up with her. "Hey, you!" the leader of the small group shouted. Angela didn't say anything, but quickened her pace to get home quickly. A few hours ago, under the supervision of the teacher, they huddled together to complete a group project and seemed friendly and civilized, but now they turned into barbarians again.


"Hey, SKINNY-ASS BITCH!" The leader of the small group shouted even louder and grabbed the handle of Angela's backpack, "Do you think you are better than us?" Angela's hair was grabbed and dragged to the side; another person opened her backpack and started to take things.


Angela tried to break free, but her struggle only made the other party push harder. They pulled for a whole block until they approached Angela's home, where her mother heard the commotion outside and leaned out of the window.


Years of experience dealing with bullying taught Angela that the most humiliating thing was to have her mother see her being bullied at school. So, she chose to do the only thing she could think of at the time - laugh. She laughed loudly, pretending to be relaxed, so loud that the whole block could hear it. Although her reaction confused the bullies, the "bullies" still didn't let go.


Just when she was about to despair, a German shepherd mix ran out, raised the hair on its back, let out a low growl, and rushed straight to the children who bullied Angela, barking non-stop until the "bullies" ran away in panic.


Mickey, Angela's first adopted dog


This German Shepherd mix was a stray dog on the block, and Angela often secretly took care of it. Angela spent a long time on the steps in front of her house that day, dealing with her shame and fear, and he sat in front of her, one chubby paw on her knee, as if supporting the whole world.


"On those days when I came home with bruises and humiliation, he saved me, and kept me optimistic with his natural wit and wisdom, as if to say to me: This is life." These are Angela's original words.


Left: wedding scene; Right: Angela's Instagram


Just like they walked down the aisle with a dog, this German Shepherd was also very important to Angela during her growing up life.


Angela named this German Shepherd mix Mickey because Mickey Mouse was the only American cartoon character she knew at the time. As time went by, Mickey became an important partner in her life.


German Shepherd, Photo: Jena Ardell/Getty Images


There is a scientific theory that pet owners give their own ego when describing their pets: for example, bodybuilders will describe their pets as the strongest, politicians think their pets are picky and independent, and celebrities will say their pets are princesses. Angela is also well versed in this theory. Her description and description of Mickey seem to give us a glimpse into the ego and personality of this Chinese wife of the American crypto giant:


Mickey never complains, as if he understands the truth of the world like a philosopher: without hardship and pain, there would be no happiness. She is firm and steady, not the kind of dog that jumps on furniture or turns over on its belly to be petted. Every movement she makes is slow and cautious, strong and confident, as calm and composed as a Sphinx (an Egyptian creature with a lion body, eagle wings and a human head that symbolizes strength and wisdom).


Angela, source thebigthing.org


However, this delicate balance was suddenly broken. One day, Angela found that Mickey was missing. She asked her mother anxiously: "Mom, where is Mickey?" Her mother did not answer her question directly, with a deliberate indifference on her face, and asked her to do her homework. Angela asked again and again, and her mother asked coldly: "What dog?" and fell silent.


This answer made Angela fall into deep confusion and pain in an instant. She knew that her mother must know what happened, but her mother's indifference made her feel rejected and alienated. At this time, the mother was not unaware of Angela's feelings, but she was facing a difficult reality in her own way: she could no longer let her daughter rely too much on this dog. The family has been under too much pressure and challenges, and getting a dog is not an option they can currently afford.Besides, Angela's mother has a deep fear of dogs.


In China, dogs are an animal that is almost never respected. It was not until 2020 that dogs were removed from the definition of "livestock" and became "companion animals". For Angela's mother, the long-standing fear and stereotype of rabies legends did not disappear so quickly.


In the end, Angela found out in her own way that Mickey's leg was broken by his roommate because of excessive barking, and he was then abandoned at a construction site three hours away from home. When she questioned her parents, they fell into endless excuses and accusations.


"What else can we do, Angela? Have you forgotten? How much sacrifice did we make to allow you to receive an education here? How much sweat and tears did we shed? How many relatives and friends did we give up? We don't even have our own medical insurance, how can we afford to take the dog to see a doctor?"


Every word of the mother was filled with helplessness about real life. She did not deliberately hurt Angela, but left some trauma on young Angela. When she grew up, Angela was often asked, "Have you ever had a dog?" She would always answer, "Yes, it was a German shepherd mix called Micke, named after a Disney character, but she died not long after I had her." She decided not to tell them the truth, because everyone in this story has their own helplessness.


For a long time after that, Angela decided to never speak to her parents again, to express her unwillingness in this way, and then to grow up in silence, find a job to support herself, not invite them to her graduation ceremony or wedding, and even not let them attend her funeral if she died earlier than them.


Until one day before school, Angela put on her schoolbag and made sure her face was expressionless in front of the mirror. Her mother called her over with a crumpled hundred-dollar bill in her hand. For Angela at that time, the hundred-dollar bill was an urban legend.


But the woman who bought Fuji apples at $0.69 per pound instead of strawberries at $3.99 per pound, that is, Angela's mother, unzipped the side zipper of Angela's schoolbag, didn't say much, just put the money in her schoolbag, and gently touched her head.


Angela suddenly realized that love does not always appear in the expected way, and the "language of love" can take many forms. Unlike Mickey's company, this hundred dollars is a quarter of their family's monthly rent. Perhaps in the eyes of her mother, it is the only support and "language of love" she can give Angela.


From UCLA to journalist, model and writer


In West Africa, there are some bards, that is, storytellers, who are responsible for preserving the history of the entire village. People came to the rioters with memories, and the rioters would remember them for future generations.


Angela Meng mentioned these "bards" in her stories, and she always seemed to put herself in such a role and position. When she encountered some unexpected stories, she would always take out paper and pen to write them down, which seemed to be destined for her career development and become a journalist.


Angela went to college at the University of California, Los Angeles (UCLA) and studied history. After graduating from college, she worked in the investment banking department of Lazard in New York, and then worked in the South China Morning Post, Phoenix Daily, and GEN Magazine. During this period, she also recorded her own story on Medium and published a book.


Because of her outstanding appearance, Angela was discovered by a scout and began a four-year modeling career. She worked as a model for Elite Model Management and LA Models, often participated in photo shoots, and attended art events.


Angela at the 2022 Los Angeles Museum of Contemporary Art Gala, source BFA


Angela, in her early 20s, is similar to and different from ordinary women.


Like most young women, Angela likes sweets, especially a traditional Arabic dessert called Jordanian knafeh, which is usually made with cheese, clotted cream, pistachios or nuts.


Jordanian knafeh (Jordanian knafeh), source network


But unlike ordinary young women, Angela likes to observe ants. She has a honey pot ant colony on her desk, which can simulate the real ecology of ants. The price of the ant ecological pot is not expensive, also around a few hundred dollars, but the expensive thing is the ants.


It is said that in the cognition of some ant lovers, these pet ants are most famous for their origins in Kenya and Mexico. The price of one can be as high as tens of thousands of yuan, and the price of a nest can even be equivalent to a house.


Ant Eco-Can, source network


Angela later settled in Los Angeles and began her life as a writer. Her book The Big Thing: Brave Bea finds silver linings with the help of family and friends during a global pandemic has been published.


This is an illustrated children's book with themes of family, gratitude and belonging, trying to help children understand the coronavirus period from a positive rather than negative perspective. The story is about the magical and positive story of the protagonist's experience during the coronavirus pandemic. With the help of family, teachers and friends, the protagonist discovers how to find a silver lining and see the positive side in the crisis. It is said that all sales of the book are donated to COVID-19 charities.


Image source thebigthing.org


The watershed at 30, anxiety and struggle


In 2021, Angela Meng was nearly 30 years old and began to usher in the so-called "30-year-old anxiety".


Although someone told her that 30 is the best time of life, with financial stability, a stable life, good health and a peaceful mental state, just like high-end cities such as Zurich, Calgary or Copenhagen - clean air, low crime rate, perfect infrastructure and efficient governance. But Angela felt that all this did not attract her three years ago. She would rather be like Berlin, Tbilisi or Tel Aviv, which is chaotic, vibrant and full of unknowns.


In her article "Don't Make Me 30", she bluntly expressed her resistance to entering the 30-year-old boundary, because she was about to give up many things she liked in the past. She asked in great confusion: "What is 30 years old?"


She didn't want to give up her favorite nightclubs, and she missed the nights of wearing polyester miniskirts and four-inch high heels and shouting loudly in front of the DJ booth, although she might have been tired of it in her heart. She also didn't want to have a mortgage, nor did she want to make friends with people who had mortgages. She would rather have endless social capital and use it unscrupulously - this is the privilege of being 20 years old.


She didn't want to make a pension plan, nor did she want to save money to live a stable life. She would rather spend money extravagantly and spend it on designer bags and champagne. She doesn’t want to be in a long-term relationship with a mature man, and instead, she prefers to attract emotional manipulators who appear to be real and sincere because that’s how she wants to live her life.


Angela doesn’t want to write blog posts about “finally feeling whole,” “feeling stronger,” or “no longer bothered by societal expectations.” She just wants to continue to be “very attractive.” She doesn’t want to learn to “love herself,” because she’s had enough people lined up to love her in her 20s. She doesn’t want to face the fact that she’s moving closer to the female characters in “Sex and the City”—going out to dinner with any New York guy who’ll take her on a date, laughing off their silly jokes while her five remaining eggs tick in the dark.


Angela didn’t want to start meditating, go to a yoga retreat in India, or start using those empty aphorisms that only 30-year-old women say, like “age is just a number” or “30 is the new 20.” She knew deep down that these words were just lies to comfort herself. You are 30 years old. This is reality.


Brian Armstrong’s $133 million mansion in Los Angeles


By the time Angela and Brian Armstrong got married in 2024, she was already in her 30s. Although she was still entering the life she resisted in her 20s, fortunately, Brian Armstrong, 41, had a net worth of $7.4 billion, so she could still spend lavishly and spend money on designer bags and champagne. And she can still live in the familiar Los Angeles as before, but she has moved from her apartment to the luxury villa that Brian Armstrong bought for $133 million in 2022.


References:
1. "Love Can Look Like So Many Things", Angela Meng;
2. "Don't Make Me 30", Angela Meng;
3. "Soulcatcher, Notes on watching my grandmother love, age, and embrace cheap music, The dog that saved me, the dog I couldn't save", Angela Meng;


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