“Irrational Exuberance" Redefined AND/OR The Mark of "The Beginning Of The End" of This Era as...

["Dave Farber" <farber () gmail com>]

Begin forwarded message:

> From: the keyboard of geoff goodfellow <geoff () iconia com>
> Date: May 31, 2018 at 14:22:29 EDT
> To: "E-mail Pamphleteer Dave Farber's Interesting People list" <ip () listbox com>
> Subject: "Irrational Exuberance" Redefined AND/OR The Mark of "The Beginning Of The End" of This Era as...
>
> A blockchain start-up just raised $4 billion, without a live product
>
> Cayman Islands start-up Block.one raised $4 billion as of Thursday, eclipsing the world's biggest initial public 
> offerings this year and more than doubling the next biggest offering of that type.
> But its product doesn't fully launch until June 1 and investors don't know how the majority of that capital will be 
> used. 
> "They have set the bar very high for themselves in terms of delivery expectations," says William William Mougayar, 
> managing partner at JM3 Capital and author of "The Business Blockchain."
> ​[...]
>
> https://www.cnbc.com/2018/05/31/a-blockchain-start-up-just-raised-4-billion-without-a-live-product.html​
>
> -- 
> Geoff.Goodfellow () iconia com
> living as The Truth is True
> http://geoff.livejournal.com  
>
>
> This message was sent to the list address and trashed, but can be found online.



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