Some thoughtful feedback there, Matt — thanks.
- True, I think the token-share swap is the key thing here — the price drivers are in SoundCloud’s favour (i.e. product utility, partnerships and likely some other factors). I’m not proposing that SoundCloud launches a new round of funding with this (although they need more money from somewhere) — just the company’s performance is measured on something intrinsic to the system and of use to all stakeholders.
- Absolutely agree with that, I don’t this is a short-term play — much more of a theoretical exercise until we work out all the kinks!
- Again, we’re on the same page here. When prices don’t match the fundamentals behind them, there’s an issue — certainly wouldn’t be able to move on this until we lose all the noise.