Silicon Valley 'Super Angel' Investor Ron Conway Says Crypto Economy Is The Next Billion Dollar Opportunity

Famous Silicon Valley 'super angel' investor Ron Conway sees the crypto economy as the next million dollar innovation opportunity. The Silicon Valley legend compares Coinbase to Google via direct listing on Nasdaq after the company's IPO. Crypto Becomes Next Billion Dollar Innovation Opportunity Legendary Investor Ron Conway, Often Described as Silicon Valley "Super Angel", Discussed Crypto Market Situation and Future Prospects in an interview with CNBC on Wednesday. Conway, one of Coinbase's first investors, compares the company to Google. Considered the "godfather of Silicon Valley," an American venture capitalist and philanthropist, Conway has bet more on Internet ventures than anyone else in Silicon Valley. He was the first angel investor on Google, Facebook, Twitter, Reddit, Paypal, Airbnb, Square and Pinterest, to name a few. Famous investor from the crypto market said, “If you start from the top of the conversion funnel. Look at the size of the crypto economy market. Last year, it rose to over $ 1 trillion with $ 778 billion. And the crypto economy is still in its infancy. He affirmed that the crypto economy is the next million dollar innovation opportunity. As for Coinbase, with its enormous valuation on the exchange on which it is listed, "When people look at the opportunity scale, the market value of these companies seems a little more reasonable," he said. Coinbase was worth $ 100 billion when it went public. "Either way, we are in a bloated market, so all companies are worth a fairly high price these days. Coinbase is the new Google, '' The Godfather of Silicon Valley, 'crypto exchange operator Coinbase said, listing directly on Nasdaq on Wednesday. According to Vandatrack, which oversees Ret, retail investors invested $ 57.35 million in the company on the day it went public. Read more

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