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by kennend3
1340 days ago
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Here's a great example of the "value" of market cap for you: "Theranos Inc., a consumer healthcare technology startup, was once valued at $10 billion, and its leadership claimed it would revolutionize the blood-testing industry." What is the "market cap" of this Ponzi scheme these days? According to you, market cap is critical and a $10 billion market cap seems like a big number so?? Market cap for Theranos is a proxy for investor stupidity, which is a measure of gullibility. Totally not what is takings place with the COIN markets. |
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