The famous stock market player Bernard Baruch once said, paraphrasing: Whatever men attempt, they seem driven to overdo. When hopes are soaring, I always repeat to myself that two and two still make four. The main purpose of the market is to make fools of as many people as possible. Today, stories of this lesson being learned by both major VC firms and Elon Musk. Oh, and how North Korean hackers infiltrate companies. Sponsors: OurCrowd.com/ride Cybersecurityinside.com/RIDE Links: Uber broke laws, duped police and secretly lobbied governments, leak reveals (The Guradian) Here’s how North Korean operatives are trying to infiltrate US crypto firms (CNN) Andreessen Horowitz, Thrive Go Bargain Hunting for Beaten-Down Tech Stocks (The Information) Elon’s Out (Matt Levine/Bloomberg) Tweet Storm #1 Tweet Storm #2 Learn more about your ad choices. Visit megaphone.fm/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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