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Hmmm. I think at least some of these companies are worth less now than a year ago. Zenefits, coinbase, palantir, mixpanel, etc. am I wrong? Agree on the bubbl
by vasilipupkin 10y ago
Hmmm. I think at least some of these companies are worth less now than a year ago. Zenefits, coinbase, palantir, mixpanel, etc. am I wrong? Agree on the bubble issue. It's a boring discussion
- nostrademons 10y agoThat's why the bet is structured as a portfolio. In startup investing, it doesn't matter if some of the portfolio loses big (or everything) as long as there's at least one winner that expands many-fold.
- vasilipupkin 10y agoSure. But I'm sceptical of the claim that the whole portfolio is worth 50% more than last year. I don't know for sure, but as an example, Palantir valuation is down http://www.wsj.com/articles/t-rowe-price-marks-down-most-of-its-tech-startups-1460759094 http://www.wsj.com/articles/t-rowe-price-marks-down-most-of-...