4min chapter

My First Million cover image

SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture

My First Million

CHAPTER

Square Space Stock - What's Your Best Idea?

I think square space is super undervalued as a business. I got one interesting idea which was try to go buy all of Wish or 51% of Wish. Buy enough stock that you can convince management to distribute the stock, distribute the cash and shut the company down. Why doesn't that happen in practice? Companies got 700 million in cash. It's trading at 300 million. You know, they do it with Apple, even Netflix,. Like Carl Icahn will basically go buy 5% of a company and then call up management and say, hey, we want you to do X, Y and Z. And if you don't, we're going to just keep being a thorn in your

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