3 ms·
eventually i realised it was cheaper just to vibecode and buy put options over my company by managing the risk of failure and technical debt with a financial i
by DaedalusII 7mo ago
eventually i realised it was cheaper just to vibecode and buy put options over my company
by managing the risk of failure and technical debt with a financial instrument, i have a lot more freedom to move fast and break things, and scale aggressively
- dvsfish 7mo agoWould this not be considered insider trading? Serious question
- DaedalusII 7mo agoit is if you have specific event driven knowledge that the put options would gain from but if you just buy deep out of the money put options every year, say 50% price drop, in a 10b5-1 structure, its ok. you will get sued a bit more than usual not much different than buying life insurance, except if your company crashes like monday.com , some schmuck who sold you the puts will have to pay you a tonne of cash then you can do a dilutionary rights issue or just use the cash buy a boat in miami and start something else
- gwern 7mo agoInsider trading is misappropriating knowledge. Not really misappropriation here. Maybe you're looking for 'moral hazard'?