6min chapter

This Week in Startups cover image

Alibaba's six-way split, Disney cuts its metaverse team, Substack's raise & more | E1708

This Week in Startups

CHAPTER

Should I Short Coinbase?

Sharp: I think the rails are going to come off the crypto space in 2023, which means the leading publicly traded company that would be impacted by that would be Coinbase. He says he's never shorted a stock but is considering it now after making so much money on Facebook. Sharp: They're trading at a $14 billion market cap ish and almost down 80% from a COVID peak of $78 billion in November 2021.

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