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Coinbase cuts 20%, Microsoft to invest $10B into OpenAI & Ascend Elements CEO Mike O’Kronley | E1654
This Week in Startups
The Crypto Winter Is a Full on Bomb Cyclone
The crypto winter is also a full on bomb cyclone. That's an atmosphere river that just took everybody's bags and just flushed them. I think it's possible that Bill Gurley is going to have to like raise his riff minimum because Coinbase did. We thought when this flushing would happen, we saw ICOs go out, then you saw the NFT griffs go out. It's like, what's left? Well, it's like Bitcoin's left, right?
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