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Zoom earnings, SaaS burnout, Amazon's $10B Alexa loss + FTX contagion with Sunny Madra | E1619
This Week in Startups
Coinbase's Debt to Equity Ratio Is Now 60%
Coinbase's debt to equity is now 60% I guess, if I'm reading this debt to equity ratio chart. So they must have a couple of billion in debt and they're worth nine billion or something now. They've gotten clobbered. And so I feel like they should remain solid through this. The real thing for them is innovation. Can they continue to innovate in this ecosystem? Because one of the challenges that I see for them is given that they have to play this role, innovation usually requires going and taking some risks and doing some new things for people. That really sucks because we need more of that in the ecosystem as well.
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