Hard to classify them as "vulnerable" given how successful they've been independently and they're privately held. I'd be "vulnerable" to the right eye-popping offer too, so don't bet on anything right now.
> Hard to classify them as "vulnerable" given how successful they've been
Coinbase’s volumes have consistently fallen every month since December. January was less than December, February less than January, March less than February, et cetera. That, and their valuation, puts them at risk of having to (a) lay off lots of people or (b) do a down round.
If you read the comment you replied to, he states they are vulnerable to one of the big 5 competing against them and wiping out their business model. This isn't hard to classify at all, it's a matter of fact.
Coinbase’s volumes have consistently fallen every month since December. January was less than December, February less than January, March less than February, et cetera. That, and their valuation, puts them at risk of having to (a) lay off lots of people or (b) do a down round.
[1] https://www.google.com/amp/s/www.wsj.com/amp/articles/can-th...