Mind elaborating on this?
Mind elaborating on this?
Quote:
Discord has had significant investment from private equity funds including FirstMark Capital, Greenoaks Capital Partners, Index Ventures, IVP, Greylock Partners, Benchmark, Accel, General Catalyst, Ridge Ventures, Spark Capital, and Tencent Holdings. At least one of these firms has invested with Point72 Ventures, which recently helped Melvin Capital.I think discord probably made some calculations on its own as opposed to pressure from Melvin/Point72. Though in this day and age it seems that the truth ends up being stranger than fiction.
Well, yes...?
this is essentially saying "discord has investors, and the stock market also has investors, so they're colluding". there isn't a real connection here
I'm on the fence whether someone influential actually called the CEO of Discord and asked to have it shut down. I'm 99% certain these people know each other. It's not a could the call be made its more of a was it made.
practically, short selling hedge funds and silicon valley investors don't run in the same circles. yeah, they're socially connected but they have separate networks and cultures. conflating the two because they both involve investing isn't accurate
That's a stretch. I think the point here is that some parties can save billions of dollars in losses, and makes them a little more likely hypothetically. Im all for dealing with the facts, but the facts are just looking at the '08 crisis a lot of Wall st funds have a track record of bending rules for profit. It's not out of this world to imagine 12 years later that the same culture exists
Behind all of these nefarious entities is CALPERS, etc. just trying to keep your pension fund solvent.