Cathie Wood and ARK are selling too. While putting out a report with a price target of $4,600 for TSLA, they’ve been taking profits and trimming their TSLA position in their flagship ARKK fund from almost 4 million shares to less than 1 million. One of the biggest cheerleaders for Tesla is publicly saying the stock will quadruple, while cutting their holdings by 75%.
They turned Time Inc into a spammy content factory - did huge deals with Taboola/Outbrain, along with creating stuff like a short FB video show about brunch foods. Came over to Reddit and keeps spouting off these huge proclamations about billions of users. They came over right after the huge raise so it's clear that the clear mandate is to commercialize at every possibly touchpoint.
this is kind of the perfect example - in theory, the secondary market should correctly price the ISAs based on the quality of the students being graduated.
But there is a significant lag built in on the pricing. It would probably be a few cycles of students, and you wouldn't even know they're not getting good jobs for a number of months if not years. Especially given Austen's kind of a celeb, Lambda could raised a few bigger and bigger rounds in that time period - and their numbers would look fantastic to potential investors with the cash coming in up front. If they played it right, they could maybe even IPO before those secondary ISAs ever get properly priced. Financial innovation at its finest!
Facebook's ad model is built to reward "virality" - meaning being over the top and salacious means lower costs. Even Boz acknowledges that was part of the Trump team's genius - they used the platform, as it was built, perfectly. The Democrats naturally have equal access to this platform, so I don't think its as much a left-right thing, vs a crazy-calm divide.
The other thing is just disinformation / identity verification - making sure all advertisers are who they say they are (and you don't get russians posing as black lives matter, etc.)
Cathie Wood and ARK are selling too. While putting out a report with a price target of $4,600 for TSLA, they’ve been taking profits and trimming their TSLA position in their flagship ARKK fund from almost 4 million shares to less than 1 million. One of the biggest cheerleaders for Tesla is publicly saying the stock will quadruple, while cutting their holdings by 75%.