I made an @onit market to predict the privy acquisition valuation. Closes is 24h - let's see who's got the best intuition

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I made an @onit market to predict the privy acquisition valuation. Closes is 24h - let's see who's got the best intuition

https://www.onit.fun/m/0x5e85a59c29183ae2dd948d0d460f65db60c23b06

Senior prompt engineer. Shipped on farcaster: @larrybot, @qdau, @frames, @framesfun, /open-frames, farcasterchannels.com, farcaster.id, @mod, @search, @discove

How would you know the right answer, will it be disclosed?

we won't resolve the market in 24h, just betting closes. will see if a valuation is reported in the coming week, and if not try to get some idea from whatever sources we can.

1/ Today, we're proud to announce that Stripe is acquiring Privy.

We couldn’t be more excited.

Privy will continue as an independent product – but now we’ll move faster, ship more, and serve you even better, so you can stay focused on your users. https://t.co/8CHJqhqYy7

Congrats to the entire Privy team

Acquired on similar deal terms to Bridge, ie $1.1bn sticker, but price at acq is actually lower (~$700M)

Call option structure tied to Stripe’s valuation hitting $100bn (which is practically guaranteed given Stripe’s growth and Adyen xple)

Gibeon Allen

Building @onit prediction market protocol | backed by @safe | https://jamesmccomish.com

From an anon, Arfur Rock-esque, account https://x.com/GibeonAllen/status/1932891760172413196