Coinbase IPO’d recently and despite all the excitement about it, it looks like the debut was dismal
The most recent big debut was announced as the ground-breaking one and was supposed to be the biggest in history. To some, this even should have been the IPO that changes the history, and the dethronement of Airbnb as the leader was only the formality. And well, the optimist fire was quickly put out after the reality check. Airbnb’s debut from December 2020 remains the unbeaten champion, and we can only speculate, what will be the next contender. Coinbase actually did not manage to pass Facebook and Uber, which are still standing strong with their market cap values. Coinbase does not have much less, but this is still embarrassing, as both the companies were quite a let-down too. Let’s go back to the case of Airbnb, as it’s really unprecedented. Just a reminder - the company offers room o
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