Coinbase from YC to DPO

Re:Coinbase from YC to DPO by kgog on Wednesday April 14, 2021 @05:46PM (#26813517)

> How does Coinbase ever manage to justify a valuation this high? 100B....

How is Doordash "worth" ~$50B?

We're all in a delusion when it comes to public markets.

We're not ALL in a delusion, but market movers certainly seem to be.

[ Parent | on HN ]

Re:Coinbase from YC to DPO by throwaway3699 on Wednesday April 14, 2021 @06:19PM (#26813801)

If FAANG can be worth > $ 1T, then $50B starts to seem fairly reasonable. I really don't know what justifies either evaluation though.

[ Parent | on HN ]