Chapter
Investor's Risk in the Tech Industry
31:25 - 37:10 (05:45)
The risk-versus-reward in tech investments is becoming disproportionate due to the bets placed by investors wanting to hit the jackpot, evidenced by Atrium, amongst other failed investments.
Clips
The hype around Clubhouse is overblown and the risks outweigh the rewards.
31:25 - 34:20 (02:55)
Clubhouse
Summary
The hype around Clubhouse is overblown and the risks outweigh the rewards. The valuation is for people who don't understand how difficult it is to create such a network.
ChapterInvestor's Risk in the Tech Industry
Episode#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
PodcastMy First Million
The difficulty in picking a successful consumer app is highlighted through past failures such as Atrium, and the limited opportunity to make connections through exclusive apps such as Clubhouse is discussed.
34:20 - 37:10 (02:49)
Consumer Apps
Summary
The difficulty in picking a successful consumer app is highlighted through past failures such as Atrium, and the limited opportunity to make connections through exclusive apps such as Clubhouse is discussed.