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by mdoms 1488 days ago
What do you mean, so what? Have you not read the article under discussion?
1 comments

Sure, an article where COIN wasn't mentioned. Given that COIN made a profit in 2020 and a very large profit in 2021 it's hard to place it as a VC cash burning company.

COIN had a bad quarter and expects to have another. Are we seeing a shift away from crypto and tech or repricing which things will continue again? I think it's too soon to tell, hence my so what. COIN needs tighten up and plan for what's next. It doesn't mean they need to assume crypto is going to zero and the company is over - yet.