Welcome to the Tech Meme Ride Home for Wednesday, April 7th, 2021.

I'm Brian McCullough today.

Coinbase has revealed the numbers behind their business and they are brain exploding

emoji. A big Patreon raise shows the money bags are getting serious about

this Creator Economy thing. Nobody is crying at Plaid over that failed Visa merger.

There's a new king of the gaming laptop hill and I try my best to unravel the

twisted tale of the latest Facebook data scandal.

Here's what you miss today in the world of tech.

As promised, coin base has reported its quarterly earnings ahead of next week's direct listing on the stock market and the

TLDR is they have a great business. I mean they have a great business quoting decrypt

coinbase announced its 2021 first quarter earnings on Tuesday

revealing that the crypto giant made a profit of between

seven hundred and thirty million and 800 million dollars on revenue of

approximately 1.8 billion dollars. The results amounted to a blockbuster quarter

for coin base eclipsing its performance for the entire previous year, end quote.

Let me repeat that last line.

Their first quarter of this year was better than all of last year.

Also, let me point out those margins.

Profit of $800 million on 1.8 billion in revenue. That's amazing. They had trading volume of

$335 billion so there you go as long as crypto is hot. They can make bank easily and they have

56 million users which is a lot but when you consider that they believe everyone will be into crypto someday

clearly there's plenty of room for growth they're not even at a hundred million

...