kashyapmehta

4 ms·

1. 1.▲
   by kashyapmehta 7y ago

   The problem with diamonds, unlike stocks and commodities, is that there is no price discovery or liquidity in diamonds. We, at Liquid Diamonds, are looking to change that :)
2. 2.▲
   by kashyapmehta 7y ago

   Contact me on LinkedIn if you are seriously interested in pursuing something like this :) We, at Liquid Diamonds, are building an online exchange for naturally mined diamonds; think Nasdaq for diamonds. https://liquid.diamonds&#x
3. 3.▲
   by kashyapmehta 7y ago

   Because mined diamonds have at least some resale value compared to the lab grown diamonds prices - which are a race to the bottom.
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   by kashyapmehta 7y ago

   The article does a good job of pointing out issues with the diamond industry including margins getting smaller due to consolidation in the space and lack of financing. However, a couple of points are just old and mute at this point: 1. De B
5. 5.▲
   by kashyapmehta 7y ago

   Question: Why would I spend a pretty penny on a lab grown diamond where the prices are a race to the bottom. Yes, I do agree that I'd probably lose 20 cents on my dollar as soon as I buy the diamond even if I did my homework and bought