If Coinbase is worth $100 billion, what’s a fair valuation for Stripe?
https://techcrunch.com/2021/02/22/if-coinbase-is-worth-100-billion-whats-a-fair-valuation-for-stripe/
Mere days after we discussed Coinbase at $77 billion and Stripe at $115 billion in the private markets, those same semi-liquid exchanges have provided a new valuation for the cryptocurrency company. It’s now $100 billion, per Axios’ reporting.
Good thing we argued last week that there could be some merit to Coinbase’s $77 billion secondary market valuation from a particular perspective. We’d look silly today if we’d mocked the $77 billion figure only for it to go up by about a third in just a few days.