fintechMay 17, 2021
Marqeta’s $300MM of revenue & Ethereum’s $20B in ann. transaction fees highlight opportunity and industry structure

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