Quote from: maybukaspa on February 11, 2021, 02:20:21 AM

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 opposition 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.