lukestein’s avatarlukestein’s Twitter Archive—№ 2,777

  1. Tech: “Of *course* we lose money on every customer. We’re just investing in scale until scale economies/network effects/price increases/self-driving cars/… kick in.” Finance: (Realizes $100M×5bp is only $50K.) “Hold my beer.” qz.com/1619947/salt-is-paying-investors-who-buy-its-new-etf-whats-the-catch/
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