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> Who would invest in a Reddit IPO now?! The same kinds of investors who did no diligence on FTX. I am certain there is dumb money out there.
by mcculley 3y ago
> Who would invest in a Reddit IPO now?!
The same kinds of investors who did no diligence on FTX. I am certain there is dumb money out there.
- alwayslikethis 3y agoThe good thing is the era of cheap money has already ended, and market forces eliminate these investors over time as they lose money.
- FormerBandmate 3y agoThe Sequoia FTX puff piece will never get old. It’s deleted now but thank God for the Wayback Machine: https://web.archive.org/web/20221109025610/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/ https://web.archive.org/web/20221109025610/https://www.sequo...
- michaelcampbell 3y agoAny kind that thinks they can 2, 3, 5, 10x their investment. The vehicle in which to do that is of zero consequence.