3 ms·

Third time's the charm :)

• vidarh 2y ago
  If you ever need someone to help you lose a billion, I'm sure I can think of a few ways of doing so quickly and efficiently.
  • fragmede 2y ago
    a billion is a lot though. I don't know that I could come up with ways to do that much so quickly and efficiently. what would be your ways?
    • vidarh 2y ago
      It really depends Spending a billion dollars take a lot of effort (or so I assume; I've "only" spent millions). People will ask annoying questions like "where is the billion dollars coming from, I had no idea you were a billionaire", and ask about AML etc. Conversely, driving down the value of a company that's already worth billions is "easy": Just publicly demonstrate your willingness to drive the company totally into the ground. Or if you want speed, and have access to the funds, the super-fast way would be transferring a billion worth of crypto to a random address. For my part, my biggest "losses" were paper values in startups that failed or didn't get the exits we'd hoped for. There it's also "easy".