Paul Vigna
speaker
1,291 appearances
13 recordings
1 series
first heard Jul 2017
last heard Apr 2022
Paul Vigna’s voice in public audio — every appearance, attributed to the second.
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Appearances
The fall comes around.
Still down.
Moving down.
It'll come back.
The end of 2018, they started realizing that not only was it not coming back, a lot of these startups and companies that had raised money in crypto terms and kept their money in crypto terms were now wiped out because the losses were so large.
Right.
That was Ledger, a company that makes these little hardware wallets.
And they're one of the companies, they're in sort of a different bucket in terms of companies.
They're a company that has a business that sells something for revenue and has raised money from the venture capital world.
So those types of firms are now strongly into belt tightening mode.
What has happened at a lot of other places is their treasuries got wiped out because they had a lot of money in crypto terms.
So in November, December, you started to see layoffs.
And we wrote about that at the time.
And now what you have is now you are another three months out and you still have not had any momentum come back to the market.
You haven't had any sort of new oomph come in.
And now people are just saying they call it crypto winter and they've been calling it for this for a long time.
Now people are just starting to say, when is this going to come back and is it going to come back?
Yes, in that a big sort of white horse rescue for this market has been this idea that there are...
gazillions of dollars worth of institutional money sitting on the sidelines just waiting to come in.
They've been saying that for 15 months now and it hasn't happened.
Showing 521–540 of 1,291 · page 27 of 65
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