Alibob was taking on two 38 at the time of the prediction. By the end of the year it was below a hundred and 20 dollars. So this is a geopolitical bet. It's a bet on whether the government wants to rap the knuckles of its internet giants or cut their fingers off. The chinese brand, if you will, around internect companies has waned.
Kara and Scott are back with Pivot’s Quarterly Review series. They take a look at Scott’s past predictions on Alibaba, Meme Stocks, and record entrepreneurship to see how they’ve held up. Then, they get some predictions from Friends of Pivot, including Ina Fried of Axios, journalist Nicole Perlroth, Rani Molla of Recode, and Matt Belloni of Puck.
You can find Ina on Twitter at @inafried, Nicole at @nicoleperlroth, Rani at @ranimolla, and Matt at @MattBelloni.
Send us your Listener Mail questions by calling us at 855-51-PIVOT, or via Yappa, at nymag.com/pivot.
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