Reed: I think it's a terrible stock to own right now. Do you want to be placing bets on companies without product market fit at extremely high valuations? Why would you place if you could? It's not like this is the only bet you could place. And yo, including versus fisker or other speculative companies, nicola,. If you're going to place speculative bets, you should get rewarded from them and you should have avaluation commeasurate with the speculation.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode