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Exactly. If they push cash out it doesn't work. It doesn't seem so brazen that 40 years of proprietary IP could have built something to scrape 0.00000x% of the
by texasbigdata 7y ago
Exactly. If they push cash out it doesn't work.
It doesn't seem so brazen that 40 years of proprietary IP could have built something to scrape 0.00000x% of the value of something much bigger that's roughly but not exactly built on mathematical principles and is largely unexplored due to a relatively short life.
The "sovereign pump and dump" is interesting. Fund A is 20% of your assets and is "clean". Fund B raises the asset value of whatever A is invested in, and A monetizes. You could maybe even do this without the manager knowing. But it seems so crazy inefficient surely if you had a billion dollars this isn't the way you would do it.