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A comment on Citadel's Ken Griffin Says Bitcoin ‘Bubble’ May End in Tears. Parent comment

Re:Citadel's Ken Griffin Says Bitcoin ‘Bubble’ May End in Tears by icebraining on Monday November 27, 2017 @05:44PM (#15792333)
YC's whole model is making many investments which are likely to fail, assuming a lucky few will pay for the rest. It only works because they diversify, rather than going all-in on a single one.
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Re:Citadel's Ken Griffin Says Bitcoin ‘Bubble’ May End in Tears by flignats on Monday November 27, 2017 @06:56PM (#15792927)
the statement why REQ would try this, not ycomb's investment strategy..

They don't just invest in anyone, they do due diligence, why would they conclude this is even a viable risk taking opportunity if it was easy to see there is no utility in the technology?

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