Polymarket secondary on Crowdcube
Reddit r/investing·2d·SocialSocial
Is anybody considering the secondary Polymarket is running on Crowdcube? They reported $10B in volume and they are raising at $15B valuation. With a 2% fee, that means $200M is revenue which means a 75x P/E, which is high. But world sport betting market revenue is $300B, that is 1500x their current revenue. Plus the pre-IPO betting on private company they announced last week could be huge It seems they raised very little (under $600k). A potential concern is that they are offering series B prefe
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Open original source ↗Published
5/26/2026, 12:39:16 PM
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5/26/2026, 4:09:53 PM
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