CT collectively aped over a billion dollars into $PUMP because “it’s a free 2-3x” but somehow cannot fathom $ZORA hitting a $25B - $50B valuation if they onboard @MrBeast.
Onboarding @MrBeast is probably the singular most +EV move a social media startup could do.
$ZORA is potentially very undervalued now. Some quick napkin math:
If MrBeast launches a creator coin, I think a reasonable valuation for ZORA would be in the $25B - $50B range.
If the chances of MrBeast joining are 1%, that’s an implied additional valuation of $250m - $500m. ZORA is currently $750m.
You can play around with the numbers as you see fit, but you get the general direction.
I think it’s fine to disagree on the probability of MrBeast joining and how to handle the implied valuation, but I truly do not understand how onboarding the most significant influencer in the world is a *bearish* event.
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