Long Take: Marqeta's $300MM of revenue & Ethereum's $20B in ann. transaction fees highlight opportunity and industry structure
Hi Fintech futurists --
This week, we cover these ideas:
How market structure determines the types of companies and projects that succeed
A walk through Marqeta’s economics and business model, and how Square’s Cash App and DoorDash were needed for success
The emerging $10B transaction revenue pool on Ethereum, MEV, and the changes to mining and gas
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