Value Is Alive and Well

It was another ugly day on Wall Street.
Coinbase was 71% off its highs as of Friday. Today it fell another 19%.
Shopify was 1,400 in January. It was 700 in March. Today, it’s 340.
PayPal’s market cap was $220 billion at the beginning of the year. Today it’s $92 billion.
Square is down 15% today and 65% over the past year.
Spotify fell 10% today to an all-time low. It came public four years ago.
These nam…

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