Coinbase IPO
UPDATE: Coinbase announced today (02/25/21) that the company plans to go public via direct listing.
Alex looks at the recent private market share sales of Coinbase and breaks down if he thinks Coinbase is deserving of a sky high tech IPO valuation. The last tech company to IPO at a $100 billion+ valuation was Facebook at $104 billion. Coinbase held their secondary sjare sale via Nasdaq Private Markets, formally known as Second Market.
Coinbase valued above $100 billion, ahead of direct listing: www.axios.com/coinbase-valued-100-billion-direct-listing-9b43e316-7ff7-4f6a-a1db-4dc2481a93ee.html
This is an excerpt from episode 145 of Winner Take All. Watch the full episode here:
Originally Aired: 02/23/21
#Fintech #CoinbaseIPO #Crypto
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