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Really interesting to see these numbers knowing they just closed a round that valued them at $4 billion. a16z had to have seen this trend coming. I wonder what
by ryanSrich 5y ago
Really interesting to see these numbers knowing they just closed a round that valued them at $4 billion. a16z had to have seen this trend coming. I wonder what they’re seeing that we aren’t.
- dannyw 5y agoThey're in a delusional silicon valley bubble.
- spoonjim 5y agoThey just made $10 billion on Coinbase, they can afford a lot of misses.
- mrkramer 5y agoWins and loses do not cancel each other out. When you win you win when you lose you lose but I can agree that at the end of the day balance sheet is what matters. Cryptocoins are fad, technology and concepts behind them are important. Coinbase is nothing but a bucket shop. https://en.wikipedia.org/wiki/Bucket_shop_(stock_market) https://en.wikipedia.org/wiki/Bucket_shop_(stock_market)