Comment by robocat

This is cherry picking.

We all have heaps of extermely valuable opportunities: the trick is to pick the right one. He is using hindsight to pick the best. However we don’t have that future information when an opportunity passes us by.

Any longtime HN readers had the bitcoin opportunity pass us by. Much better since it doesn’t require hideous life-force investment (our own life time).

$200MM also includes an implicit lie that he would still own 1% after dilution. Garry: what equity were you offered?