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A comment on What is ZIRP, and how did it impact the startup world?. Parent comment

Re:What is ZIRP, and how did it impact the startup world? by lokar on Thursday June 20, 2024 @10:54PM (#40745674)
Pure money stuff. He has said if you think something is over valued, short it. If you think the VC startup industry is overvalued the best way to do that is to start (and sell to VC) a startup. Enter adam neumann.
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Re:What is ZIRP, and how did it impact the startup world? by skybrian on Friday June 21, 2024 @01:43AM (#40746537)
No, shorting is different; it's borrowing something you might not be able to pay back.

WeWork was signing leases - borrowing real estate. They went bankrupt from not being able to pay for it. This isn't the same as selling shares to VC's. Equity isn't debt.

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Re:What is ZIRP, and how did it impact the startup world? by lokar on Friday June 21, 2024 @11:40AM (#40750709)
Yes, his point in the newsletter is that if you want to short something you can’t borrow, then you should (cynically) make more of it.
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Re:What is ZIRP, and how did it impact the startup world? by skybrian on Friday June 21, 2024 @12:57PM (#40751449)
Okay, I remember that. But I think this could more simply be seen as becoming a supplier, responding to temporary demand. This could be done well or fraudulently.
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Re:What is ZIRP, and how did it impact the startup world? by lokar on Saturday June 22, 2024 @01:02AM (#40756410)
Somewhere between honest supplier and fraud is the land of wework…
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