With wall street and other large players steadily moving into crypto, I don't suspect Coinbase will be able to continue to charge their high trading fees....and thus their margins will drop dramatically. Would be careful of jumping on this guy, and presuming it's success will fall in line as the latest on the tech IPO bandwangon
most prop firms are not trading on CB. It's spot only (yuck) and yes, the fees are awful. I'm pretty bearish on CB and incredibly bullish on FTX. SBF could very well be the richest man on earth in 5 years.
I work at one of the mammoth consulting firms doing Salesforce implementation work for Fortune 50 enterprises, and you would be amazed at the amount of client value derived (and the # of licenses sold) utilizing the AppExchange
I do know that the value can be huge- we are using a number of them in our org too. Heck,I even wrote some smaller Lighting components myself( working on another as I type), which boosted productivity quite a lot.
Wow, thanks for providing this context. Given he is a faculty member at Yale, and publishing a lot of seemingly slanted pro-CCP content; I'm wondering if he's being looked at by the FBI for potential association with the CCP's Thousand Talents program.
"William F. Buckley was not the only Yale figure connected with the Presidential trip to China. Without Yale's support Mao Tse Tung may never have risen from obscurity to command China..." (And these guys are bragging about it in 1972, after the despicable "Cultural Revolution" was winding down.)
Also note that Yale was initially funded by the Russels, the most successful family of opium dealers in America. Why is this important? Well, if you're dealing opium at a high level back then, you had a connection with the British powers that defeated China in the Opium wars. What happens after a nation is defeated? You install a new government that does what you want.
Mark my words: the criminals that run this world have a long-term plan and the type of government seen in China is their model for what's coming for everybody after they've concluded their work in causing the decline of the US. It's fucking scary and I really hope I'm wrong.
Agreed. Nowadays the majority of the crew's time is spent either doing maintenance or filling out paperwork to satisfy regulatory requirements - very little involvement with cargo operations (w/ the exception of some specialty liquid cargoes)
Would be interesting to see this shipping data joined w/ other macroeconomic indicators like foreign investment, trade deficit/surplus, and +/- GDP...could be a good way to spot emerging markets
I've never heard any one classify maritime shipping as high margin. Having spent over a decade in both ocean and inland waterways operations, my experience has suggested more on the order of 5-10% net margin at best
