This Isn’t #pokemon — And Other Lessons from Crypto Trading
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This Isn’t Pokemon — And Other Lessons from Crypto TradingNo Place for Sensitive HeartsI.Billionaire investor and superangel Chris Sacca regrets more on what he passed on than what he “failed” at. He had an opportunity to invest in the early team of DropBox, but Chris wrongly compared it to Google Drive and thought Google would crush it. He didn’t invest.He also stayed in an Airbnb before it went mainstream and had a similar opportunity, but felt that it was dangerous. “I felt someone would get murdered or raped there,” Chris said.Of course, that’s probably true; with scale, the sheer number of people using Airbnb (or any other large consumer service) are bound to result in some crimes. The risk of harm distracted him from the potential of the investment.There are over 2000 ongoing cryptocurrency (...)