$ZORA is now trading at $170M/$5500M FDV
to put that into perspective:
their latest VC round was at $600M FDV. This is the round where they raised $50M and where cb ventures participated
So even after this monster rally
Coinbase Ventures and the other VC funds that invested in 2022 are still at a loss
$ZORA is finally get repriced quite nicely
but it is still sitting at $80m marketcap, to put that into perspective:
$DEGEN, a farcaster airdropped memecoin is still sitting at $110M and peaked at $700M last year
the latest VC round for $ZORA was priced at 600M which is $0.06
also, they literally raised $60m in cash from VCs
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