David Rosenthal: belief

Transcript context

…Let’s just hope that everyone that bought in a very excited way on that first day does not become extremely pessimistic right now. Whatever. We’re not picking stocks, we’re not forecasting, we never the time market, blah, blah, blah. I think it’s going to bounce back a little bit and let’s hope for Snap’s sake that the people that bought are in sort of in it for the long haul and understand that too because I think one interesting point that a friend brought up the other day is tons and tons of millennials bought Snap because it’s the first kind of accessible IPO to them that was both large and something they were super familiar with, and people bought on the motion of “I like this company.” You don’t want to see all those people – you don’t have a super negative experience and lose out. Well, echoes of the Facebook IPO episode. Go listen to that one if you haven’t already. I think that is some of our best work here on Acquired. Okay, other hot take. Intel acquiring Mobileye. Ben, I hear autonomous cars are a thing. Forget VR. Yeah. Boy, sure seems like it, huh?…

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