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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…














  • Insurance companies already extrapolate such data from zip code… So it’s not speculation at all that they’d want an even more accurate metric

    Basically in today’s world, you’d have less than 1% of actors that would take this data and do something productive or beneficial for you or society as a whole… The other 99% will just use this data to make money on the back of others