a16z Live cover image

Ken Griffin on Unfettered Conversations with A and Z

a16z Live

CHAPTER

What Happened to Melvon Capital?

Melvon capital was short a variety of stocks that became of interest to rather sosavian, sophisticated retail investors who realized the amount of stock short was just disproportionately arge. And we saw this plaing out market place. We had the social media landscape with some very important influences really lit up on the story of game stop as being a stock to get along and to ride to. The melvin continued to cover their short very aggressively over probably the next forty eight hours, give or take. I can't remember the exact timing of this. But i'm pretty certain that by the time that robin hood stopped trading on the 20 eighth, melvin had already covered their short and

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner