|F.DERP incoming and outgoing|
|Intangibles and goodwill||0||0||0|
F.DERP has a total of 227`452`389 authorised shares outstanding. The total assets per share implied value is thus 0.00003245 BTC. The cash+tangible assets per share implied value is thus 0.00003245 BTC.
F.DERP realised no operating revenue this period. The P/E implied value per share is thus 0 BTC.
Meanwhile D.CBSE issued a massively dilutive C series, which is of course horrible news for previous holders, but otherwise nothing unexpected.
I had hoped to be able to publish some juicy details about its missing B series (you recall, Coinbase loudly raised 31.7 million USD at an 79 mn valuation, then silence, and now raised a further 75mn through a C round at a 470 mn valuation claimed for EOY). Good stuff as to "who put up the extra 400mn, when exactly, and just how dilutively for (unprivileged) A series participants. Apparently all this will have to wait.