Fun Friday: Mapping The Bitcoin Market
AVC community member William Mougayar published a Bitcoin market map yesterday.
Putting together something like this is a major pain in the butt, but it is incredibly useful for people (like VCs and other investors) who are trying to make sense of an emerging market. It’s a great way to get your name and reputation out there. It reminds me of what Terry Kawaja did with ad:tech five or six years ago.
I could critique some of William’s placements (for example Coinbase is one of the top five exchanges in the world and yet is not included in that category), and I’m sure that countless companies are now reaching out to William saying “why are we not on your map?” So this will get picked apart and it will evolve. But the act of taking the time to put something like this together and publish it is incredibly useful for everyone. Kudos to William for doing that.