Kate Clark / The Information:
Document: Coatue cut the value of its $120M stake in OpenSea to $13M as of Q2 2023, implying a valuation of $1.4B or less, down from $13.3B in January 2022 — One of OpenSea's biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace …
Kate Clark / The Information:
Document: Coatue cut the value of its $120M stake in OpenSea to $13M as of Q2 2023, implying a valuation of $1.4B or less, down from $13.3B in January 2022 — One of OpenSea's biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace …
Source: TechMeme
Source Link: http://www.techmeme.com/231107/p46#a231107p46