Skip to content

Comment on Binance to acquire CoinMarketCap for $400Mparent

Comments

do you honestly believe that without that rating system offered to the Institutional Investment crowd I mentioned earlier they'd be at even a fraction of their valuation/purchase price?

Standard license is $299/ mo, even with only 3000 paying customers, and there are likely way more than 3000 paying customers, that would be $10M a year in revenue

CMC is a good asset and a valuation/purchase price of $400M is a fair price for the API product only, let alone the ranking /rating aspect

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.