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ftx.com/trade/CBSE/USD is trading at $100B+, which is a lot! But also Coinbase has a ton of users/revenue/profit/etc. This also applies to some other companies. But not all, and any place with 0 historical profit is gonna have a hard time getting there.

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Replying to @icebergy_

Coinbase has 1k+ employees, has been around for 5+ years, is gonna have a record breaking Q1 in terms of users and revenue, is servicing largest corporate treasury bitcoin buys etc. DeFi is still in infancy and Uniswap already at 1/3rd of Coinbase's valuation

6:06 AM · Apr 2, 2021Twitter Web App

@nmeofdst8vM660

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Hey Sam, where can I read some data for historical funding rates on the $USDT for example, for the past year for example?

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Last price * Number of shares == Valuation of business by stock price != Valuation of business in USD

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How do you dynamically value it without a listing though?

if there's some magic you could do here that'd be awesome but I'm guessing without it already being traded on a market you can't.

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And that's why we balls deep in $SUSHI

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