This podcast made me realize that as soon as an IPO is brought onto the market, the big money has already been made.
The past week episode was about 2022 predictions, one of which Chamath said p2p web 3.0 payment processing in Africa was going to be a huge win for him. I googled it and found a company Ajua that he seed invested in. There is essentially no way for a retail investor with no access to these private angel investment funds and without millions of dollars to take a gamble and invest to even be exposed to these riskier exponential growth opportunities.
It just further opened my eyes that odds are forever stacked against the retail investor. I think this is also why meme coins/stocks and nft’s have become so popular. It’s really difficult to gain entry into the big boys club.
Submitted December 31, 2021 at 10:01AM by jedo89 https://ift.tt/3FJ4Eel
