Coin Base

Investors are looking for some measure of predictability. coin base, or any business that has been public for a short amount of time, doesn't get the benefit of the doubt because you haven't earned it yet. The more stable the cash flows, the better the business, the easier to value. There are tons of stable businesses and growing businesses that make wonderful investments overtime. But we're drawn to companies which throw off uncertain cash floes, but show a super amount of potential in the future.