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Re:Coinbase from YC to DPO by seriousquestion on Wednesday April 14, 2021 @05:50PM (#26813550)
> could be damaged by gov intervention at any time

Less likely as time goes on, especially now with a $100B US company on the books.

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

Millions of active users, strong financials.

https://investor.coinbase.com/news/news-details/2021/Coinbas...

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