Oddbean new post about login | logout Been doing some analysis on a pre-ipo equity deal today: - Bitcoin ecosystem and infrastructure play - getting same price as all funds received in 2024 - will be listed almost the day one invests - a good chance it can perform akin to MSTR & MetaPlanet - I am a big fan of some key co-investors What I don't like: - analog investing due diligence details (long pdf's with legals) - the risk of a company in general - the counter-parties you have to trust - over engineering financially - one's brain capacity or attention being lured away from elsewhere... (first world problem!) Let's see if I am able to jump the last couple of DD hurdles 🙏
Or you could buy more Sats
The reason I am even looking at this is because I do believe it has the potential to outpace BTC
I was talking to my bank today as we are negotiating our loan terms. They tried to convince me to buy an investment property. No thanks I said, I prefer “stocks”. Funny that I didn’t want to mention #Bitcoin to the bank isn’t it? GN!