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by JumpCrisscross 2918 days ago
> 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.

[1] https://www.google.com/amp/s/www.wsj.com/amp/articles/can-th...