https://techcrunch.com/2021/04/23/after-going-public-once-hot-startups-are-riding-a-valuation-roller-coaster/

To close out the week, a short meditation on value, or, more precisely, how assets are valued in today’s markets.

Do you recall the pre-direct-listing hype Coinbase enjoyed? After reporting its estimated first-quarter financial performance, interest in the domestic cryptocurrency trading giant ran red-hot.