David Friedberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
No.
And you could spin it out.
Barnesandnobles.com became Barnes and Noble's.
And so the stock crashed and never looked back.
There's your stock chart.
They sold off all their brand assets for $39 million, about 10% of what they raised in the IPO.
Congratulations to whoever owns those ugly ass sneakers.
Why were they worth $4 billion?
They sold sneakers?
Collective delusion.
Collective delusion.
People in Silicon Valley liked them and they just thought it was the next Nike.
Tulips.
It was tulips.
It got weird.
Hey, Bird Scooters was valued at $2 or $3 billion.
They were doing micromobility.
We're giving everybody their flowers for incredible investments.
Even the Mighty Sachs could trip up.
Did you sell those shares pre-IPO?