The mistake most investors make is they think of S-curves as a single curve, but the reality is that most important technologies are actually a series of S-curves stacked on top of each other, and the transition periods between those S-curves are where most of the value is created and most of the mistakes are made.
It's a true overnight success. Uh we'll show you some charts of the valuation. Lots of troughs of disillusionment, but Andrew and the team powered through and wound up finding the perfect application for their technology at the perfect time during a mega cycle
2mo ago
Underscored — save the words that stop you in your tracks.