Web Three and Stock Prices

There are a lot of folks who are expressing scepticism about the idea in general, including people who say that if web three does become a thing, it will be a thing that is controlled by venture capitalists rather than big companies. Jack darsy, former ceo of twitter, made this point on social media. And anyway, that whole criticism is not making web three evangelists very happy. But since we're talking about tech and money, let's chat about something that unfolded early this year that involved both. Early in two thousand 21, there was a move to short sell game stop stock among certain hedge funds.