When compared to its traditional equity peers, the Coinbase valuation is absolutely staggering, as its $100BN valuation represents a 132X Fwd EBITDA multiple compared to a 17.8x average for its peer group.
Chart in millions of dollars:
According to Axios, the $100BN price tag means that Coinbase could go public at a higher initial valuation than any other U.S. tech company since Facebook.
https://www.zerohedge.com/crypto/coinbase-valued-100-billion-more-cme-ice-cboe-and-nasdaq
Worst customer service ever. Their platform is fine. But lord knows if something goes wrong you are screwed.
If they are going to be publicly traded, they gotta get their act together.
I’m gonna buy me some Coinbase. A well-diversified portfolio really should include some Coinbase. And some guy told me the other day that Coinbase has a lot of upside potential.
By the way, what is Coinbase? Does it make coins or baseball bases, or anything like that? And what is the company’s P/E ratio?
Wait...I don’t think you’re supposed to ask questions about the fundamentals any more.
(j/k)
Is this likebitcoin and can you buy it on ameritrade
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