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Go back and read the HN thread from the Coinbase DPO [1]. Their valuation was insane then, before the war in Ukraine, inflation, or Omicron. The top comments on
by rgifford 4y ago
Go back and read the HN thread from the Coinbase DPO [1]. Their valuation was insane then, before the war in Ukraine, inflation, or Omicron. The top comments on that thread shock me. Even at that time I expected every other comment to be about how overvalued they were, but it just wasn't the case.
Wonder if people could've been made to see this then. I went full on Chicken Little [2] and mostly just got treated like I was yelling at children to get off my lawn.
1. https://news.ycombinator.com/item?id=26808275 https://news.ycombinator.com/item?id=26808275
2. https://news.ycombinator.com/item?id=26808275&p=2#26812175 https://news.ycombinator.com/item?id=26808275&p=2#26812175