I don’t think scam is the right word. The valuation and bank price targets are absolutely insane. I myself could never invest at those multiples. I think they absolutely have governance problems but at the same time I have to admit he is a great financial engineer.
Investors who do have conviction here most likely see this as the platform vehicle for everything else coming through the pipeline. Again I could not buy into that but I think it’s a far cry from a scam.
Investors who do have conviction here most likely see this as the platform vehicle for everything else coming through the pipeline. Again I could not buy into that but I think it’s a far cry from a scam.