Apr
26

Steve Cohen Gets Kick From Scaring The Hell Out Of Cash-Strapped Entrepreneurs

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You’ve been honing your pitch. Practicing your answers to the likely questions in the mirror. Poring through your deck, making sure every little thing is perfect. You think you’ve got a billion-dollar idea. Maybe it’s a blockchain play. Or a way to trick poor young people into playing the stock market. Or a crowd-sourced algorithmic-trading venture. Or a way to have autonomous cars not kill people.

You’ve spent hours rehearsing the details of your plan with some ominous-sounding folks. But now you’ve flown in from Silicon Valley or driven up to Stamford for a chance to convince the principals. You slowly pass down a stone-wall-lined street, along which sit a few low-slung suburban office buildings. You near the water, hang a left into the specified parking lot and are escorted into a conference room. There’s a long wooden table with a downtrodden-looking investment team, sitting on both sides, and a tall, leather-backed chair, turned away from you, at its head. You plug your laptop into the video system and bring up the first card of your deck. The high-back chair turns and you swallow hard

Steve Cohen Gets Kick From Scaring The Hell Out Of Cash-Strapped Entrepreneurs

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Categories : Hedge Funds

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