Wed. 04/07 – TLDR: Coinbase Is A Helluva Business

Techmeme Ride Home

Coinbase has revealed the number behind their business, and they are brain exploding emoji. A big Patreon raise shows the moneybags are serious about this creator economy thing. Nobody is crying at Plaid over that failed Visa merger. There’s a new king of the gaming laptop hill. And I try my best to unravel the twisted tale of the latest Facebook data scandal.

Sponsors:

• Kiwico.com, Promocode ride for 30 percent off
• Blockchain.com

Links:

• Coinbase Posts Blowout Q1 Profit of $730-$800 Million, Days Before Public Listing (Decrypt)
• Patreon’s Valuation Triples to $4 Billion as Platform Draws Creators, Fans (WSJ)
• Clubhouse Discusses Funding at About $4 Billion Value (Bloomberg)
• Plaid raises $425M Series D from Altimeter as it charts a post-Visa future (TechCrunch)
• Global Venture Funding Hits All-Time Record High $125B In Q1 2021 (Crunchbase News)
• Alienware’s M15 R5 is its first AMD-based gaming laptop in over a decade (The Verge)
• What Really Caused Facebook's 500M-User Data Leak? (Wired)

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