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You are right. But the trick, in this case is parsimony, the opposite strategy of what VCs do. Only shorting when I am 100% positive the idea is a fail.
by stephc_int13 4y ago
You are right.
But the trick, in this case is parsimony, the opposite strategy of what VCs do.
Only shorting when I am 100% positive the idea is a fail.
- TotoHorner 4y agoI promise you, you would've thought Airbnb & Uber were dumb ideas and you would've shorted them. Uber had to fight an absolutely massive taxi lobbies and what they were doing was illegal in a ton of cities. With Airbnb, you had hotel lobbies and the idea of letting a stranger come stay in your home didn't seem like it would become a mainstream thing. Anyway, you've been able to easily short crypto for the last 8 years. Have you shorted any at all?