Coinbase IPO

[Husires]

Coinbase, the largest cryptocurrency exchange in the U.S., has announced plans to go public—but it will eschew the traditional initial public offering (IPO) process of hiring investment banks to drum up interest and finance the deal.

Instead, Coinbase plans to post its shares straight on an exchange via a so-called direct listing, a technique pioneered by big names like Spotify (SPOT) and Palantir (PLTR) in recent years.

This nontraditional yet trendy choice makes a certain amount of sense for the Coinbase narrative, given that the company has aided and abetted the similarly non-establishment cryptocurrency craze over the past decade. Whether Bitcoin itself actually replaces dollars or develops further as a speculative asset remains to be seen

A bet on Coinbase is, at least right now, a bet that Bitcoin will continue its rise as a speculative asset rather than a replacement for the almighty dollar. Don’t fight the Fed, indeed.

https://www.forbes.com/advisor/investing/coinbase-ipo-direct-listing/
you can buy bitcoin and Coinbase 

[OpenCryptoSystem]

Scam

[masterzino]

Coinbase IPO is a long-planned move that will make me never trade there again. Public companies need to meet the shareholders, stakeholders, and public demands. I prefer to keep my coins and making trades in a 'less demanding' environment.

[ChiBitCTy]

"A bet on Coinbase is, at least right now, a bet that Bitcoin will continue its rise as a speculative asset rather than a replacement for the almighty dollar. Don’t fight the Fed, indeed".   Why?  This doesn't make much sense to me.  You can own stock shares and still believe that cryptocurrency/bitcoin will replace the dollar.

This is however one stock I will not be buying.  Not because I don't believe that it will perform well, but because I despise this scummy corrupt company.  They have barley offered customer support since opening, constantly freezing exchange, locking up peoples funds for no reason, banning people for not reason, etc.  Screw Coinbase and Brian Armstrong that scumbag.

[oHnK]

This is also a good move for crypto because the listing of the Coinbase company on the Exchange indicates that this company can be owned by many people. Being an open company has many advantages. Because we can see how the company management is good. With this, stock players who have not entered into crypto can begin to get to know the performance of crypto companies from their listings on the exchange.

[jaysabi]

Coinbase IPO is a long-planned move that will make me never trade there again. Public companies need to meet the shareholders, stakeholders, and public demands. I prefer to keep my coins and making trades in a 'less demanding' environment.

What do you think is going to change once they're public? You think they're going to suddenly stop running the exchange in the same way that's made them the largest crypto exchange in the world? Private companies need to meet shareholder and stakeholder demands, the same as public companies, and they both meet public demands because that's literally what a successful business does. The arbitrary burden you put on them is one they already have and meet.

[tabas]

It's been long overdue since that has been told in the media. Everyone who's eligible to get in to that Coinbase IPO should have their share if they don't want to invest into bitcoin as it's a traditional asset that others are on while looking to bitcoin as an inappropriate investment for them.
There are investors that are into this but not with bitcoin and Coinbase sees this to fund themselves and at least get a valuation for their company to meet their future needs through it.

[maybukaspa]

Coinbase has been around since 2012, but its number one and major issue is customer service. There are a lot of complaints that they were unable to answer despite countless emails and social media messages. Hoping they resolve this issue. Coinbase IPO sounds exciting as it may sound, but they have no respect for the people who keep them in business. There is no live phone support, only an automated menu with a single option. Mostly automated responses and limited choices. Also, their fees are unreal.

[hugeblack]

I have more details here.
It seems that its price in the private equity market, NasdaqPrivateMarket, is $ 303, and with the increase in positive news, more investors will contact with them.
with the rise of Bitcoin in next months, I think they will make a good profit.

Cryptocurrency exchange Coinbase is preparing to go public in the next few months. According to people familiar with the matter, its share price on the Nasdaq private equity market NasdaqPrivateMarket is $303. Based on 254 million shares in circulation, Coinbase's valuation has already It rose to $77 billion, surpassing Intercontinental Exchange Inc., the parent company of the New York Stock Exchange.

Source ---> https://www.reddit.com/r/Bitcoin/comments/ln3t04/coinbase_was_valued_at_77_billion_before_listing/

[Vishnu.Reang]

Coinbase has been around since 2012, but its number one and major issue is customer service. There are a lot of complaints that they were unable to answer despite countless emails and social media messages. Hoping they resolve this issue. Coinbase IPO sounds exciting as it may sound, but they have no respect for the people who keep them in business. There is no live phone support, only an automated menu with a single option. Mostly automated responses and limited choices. Also, their fees are unreal.

Perhaps lack of quality competition makes them arrogant? Anyway, Coinbase will be the first major cryptocurrency exchange to be listed in stock market. Since so much hype has been generated, I assume that their IPO will be a grand success. They went for the IPO at the right time as well, when Bitcoin prices are at ATH levels. Their P/E ratio looks hyper-inflated. But people are not going to bother much. Imagine a company with an annual revenue of $1 billion going for a valuation of $77 billion. This sort of IPOs happened only during the dot-com boom of 1999-2000.