With wall street and other large players steadily moving into crypto, I don't suspect Coinbase will be able to continue to charge their high trading fees....and thus their margins will drop dramatically. Would be careful of jumping on this guy, and presuming it's success will fall in line as the latest on the tech IPO bandwangon
I work at one of the mammoth consulting firms doing Salesforce implementation work for Fortune 50 enterprises, and you would be amazed at the amount of client value derived (and the # of licenses sold) utilizing the AppExchange
Agreed. Nowadays the majority of the crew's time is spent either doing maintenance or filling out paperwork to satisfy regulatory requirements - very little involvement with cargo operations (w/ the exception of some specialty liquid cargoes)
Would be interesting to see this shipping data joined w/ other macroeconomic indicators like foreign investment, trade deficit/surplus, and +/- GDP...could be a good way to spot emerging markets
I've never heard any one classify maritime shipping as high margin. Having spent over a decade in both ocean and inland waterways operations, my experience has suggested more on the order of 5-10% net margin at best
Ding Ding...we have a winner. I work in the maritime technology space for several large corporations and over the past 18-24 months it is crazy how many LinkedIn requests, cold emails, etc from pretty obvious fabricated profiles from China (and some RU) I've been receiving.