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Joined 9 months ago
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Cake day: February 18th, 2024

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  • I think you overestimate the amount of knowledge, instinct and just plain research these VC people put on investments (I guess when you have money, if one of 10 hit you made it anyway?)

    When the game Pokemon Go came out, Nintendo’s stock skyrocketed to the point Nintendo had to come out and publicly explain they had sold the IP, were not behind the game and made no money from it… “Investors” thought otherwise and started pouring money literally at the wrong company

    There are plenty of similar examples…