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One of the reasons why these startup bubbles happen is that you can't short companies pre-IPO, nor can you short VC funds. It's a good demonstration of why sho
by Analemma_ 6y ago
One of the reasons why these startup bubbles happen is that you can't short companies pre-IPO, nor can you short VC funds.
It's a good demonstration of why shorting is an important part of a healthy market, no matter what people like Elon Musk claim. It's the way that sanity fights back against bubbles and irrational exuberance.