"Search Funds? That is not happening anymore. None of them made any money!"

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by an investor from Stanford University - Graduate School of Business
in Seattle, WA, USA

1yr ago

"Search Funds? That is not happening anymore. None of them made any money!"

redacted

Too funny!

0 Likes

1,428 Views

reply by a searcher 1yr ago
from Erasmus University Rotterdam in Amsterdam, Netherlands

Literally the investors in Madoff and FTX did better than those in Chamath's SPACs (considering recovery rates). Most of them are down 90%+ in a ripping bull market.

reply by a professional 1yr ago
from Boston University in New York, NY, USA

Lol Shaan Puri from MFM said he's made ton of money by doing an inverse All-in investment strategy where he just invests in the opposite of whatever they say in All-in podcast like inverse Cramer. By that metric I guess we are in the right space 😂