8 ms·
He turned 22 Billion of funding into a 4 Billion market cap. My read is he turned something into almost nothing. Or maybe you can say he scammed long enough fo
by BoiledCabbage 4y ago
He turned 22 Billion of funding into a 4 Billion market cap.
My read is he turned something into almost nothing. Or maybe you can say he scammed long enough for a few to profit off of later suckers. But I'm not seeing value creation at all.
- throwawaysleep 4y agoIf you are early, there is tremendous value creation. Greater fool theory.
- germinalphrase 4y agoIt’s a dingy look on the industry.