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Message
re: Voyager - VYGVF Due Diligence
Posted on 4/6/21 at 10:22 pm to tenderfoot tigah
Posted on 4/6/21 at 10:22 pm to tenderfoot tigah
quote:
Voyager added 300k new users in March. Are you under the impression they didn't also have record growth?
Why are you using old data for Voyager but using March's data released today for Coinbase?
This. Plus you’re assuming the coinbase valuation is fixed and not going to be higher following these earnings, which isn’t the case.
1
Posted on 4/6/21 at 10:27 pm to maclauer
Coinbase is going to trade well over $100B very quickly with 9x growth year to year. If it opens with a market cap under 100B, there's a ton of money to be made. They are bleeding customers to Voyager, but it's a paper cut compared to the money pouring into everything crypto related.
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