pull down to refresh

Chamath strikes me as the kind of guy that might live by the maxim "all is fair in money." I remember hearing him on Rogan and yanking the earbuds from my ears thinking, "my god, this guy sounds like he hasn't had a conversation with a normal, non-mega-rich person that isn't an employee in a decade."
One thing I like to ask when I'm thinking about respecting someone is "what are they willing to do for money, especially when they aren't desperate for it?" More often than I like the answer seems to be everything short of what they think they'd go to prison for. It's really common in the altcoin space, but I think it's also just plain common, altcoins or no.
110 sats \ 1 reply \ @BlokchainB 19h
To update the price of these SPACS in 2025 from the date of this article to see if any of these SPACS are now above their IPO price.
  1. Clover health (CLOV) was at $0.75/share on May 2nd 202 3 on Feb 22nd 2025 it’s at $4.37/share. A gain of 482% (IPO price of $10/share)
DOWN BAD
  1. Virgin Galactic Holdings (SPCE) was at $3.50/share on May 2nd 2023. On Feb. 22 2025 it’s at $4.22/share a gain of 20% (IPO Price of $212/share 🤯)
LEGAL ROBBERY HERE
  1. OpenDoor Technologies (OPEN) was at $1.39/share on May 2nd 2023. On Feb. 22nd 2025 it’s at $1.39/share. A gain of 0% (IPO price of $10.75/share)
UGLY
  1. SoFi Technologies (SOFI) was at $5.16/share on May 5th 2023. On Feb. 22nd 2025 it’s at $14.77/share. A gain of 186% (IPO price of $11/share)
Not terrible but so far not worth the risk .
Yeah this guy so far has a terrible track record. Insiders made out but retail investors got dumped on hard.
reply
188 sats \ 0 replies \ @gmd 18h
Virgin galactic was always the dumbest idea, I never understood how they generated so much hype...
reply
171 sats \ 1 reply \ @siggy47 23h
I just finished reading Bitcoin Billionaires. Chamath is described as a "boastful, overdressed suit in the Valley, quick to parrot groupthink buzzwords and cliches... "
reply
82 sats \ 0 replies \ @k00b OP 23h
Well, looks don't always deceive I guess.
reply