Fun piece! I'd note only that VC will usually take a decade to get the sweet returns even if you got lucky and only picked Facebooks. Also that in a note reminiscent of CDOs (if you're skeptical) and better risk adjusted returns (if not) there's an interesting bit where combining the instruments en masse gives some interesting investment strategies. But gambling is a heady drug.
Ahh nice! Yes. VC's usually have to wait a few years to cash out their investment. But at least the paper valuation will keep rising! Can you explain a bit more on combining instruments? I am interested in that.
Fun piece! I'd note only that VC will usually take a decade to get the sweet returns even if you got lucky and only picked Facebooks. Also that in a note reminiscent of CDOs (if you're skeptical) and better risk adjusted returns (if not) there's an interesting bit where combining the instruments en masse gives some interesting investment strategies. But gambling is a heady drug.
Ahh nice! Yes. VC's usually have to wait a few years to cash out their investment. But at least the paper valuation will keep rising! Can you explain a bit more on combining instruments? I am interested in that.
IE an individual VC investment is Russian roulette. But a portfolio can be better. Same for arguably NFTs etc too. Less so for leverage of course.
Got it! Like a mix of all of these would probably be safer than going all in one thing! Makes sense.
Another masterpiece of article.
Ironically, one can now (try to) invest in russian companies for high risk strategies.
Thank you! Haha yeah! Russian stocks are trading like alt-coins after a rugpull
Definitely you should only place a small amonun into this strategies.
But place something...