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And here I was, working with a startup that had difficulty landing $500K. It was my first foray into being a founder, but I learned that I do not understand the
by danielvaughn 4y ago
And here I was, working with a startup that had difficulty landing $500K. It was my first foray into being a founder, but I learned that I do not understand the investing landscape at all.
- theGnuMe 4y agoMatt Levine of Bloomberg has a quote about Adam Neumann that is just... amazing. It's about selling in a sellers market and basically about how he sold We Work shares to Softbank (and taking money out of it). I see stocks as fundamentally two things. A statistical thing (something that tracks the underlying fundamentals of a business, and a probability (a belief in that company). Yes, this alludes to classical frequentist statistics vs Bayesian statistics interpretations.