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They perfectly succeeded at their purpose, no? Dump terrible companies on public investors under $GME-era hype without the usual disclosures required for public
by ethanbond 3y ago
They perfectly succeeded at their purpose, no? Dump terrible companies on public investors under $GME-era hype without the usual disclosures required for public listing. They nailed it!
Sure a few sponsors got burned here and there, but the gamble was obviously the whole point.
- hilux 3y agoAnd ... Chamath is now worth about $1B, and is generally perceived as being "very successful." A good PR firm and some well-placed donations should silence any remaining dissenters.