5 ms·
Presumably transaction fees, market data fees, etc. would provide enough revenue to fund advertisements?
by kristjansson 4y ago
Presumably transaction fees, market data fees, etc. would provide enough revenue to fund advertisements?
- fshbbdssbbgdd 4y agoAdvertising is a market, you see ads for whoever is willing to bid the highest. It seems like Coinbase had to raise money to get big. FTX arrived to the scene later. It would be hard to compete by bootstrapping from organic growth.
- kristjansson 4y agoTaking outside money doesn't preclude solvency