2min chapter

My First Million cover image

Jack Smith on How r/WallStreetBets is Beating Wall Street - From the Archive

My First Million

CHAPTER

The Risk Reward of Investing in Consumer Apps

Andrew Chen has had a couple of big bet failures. His big bets are things like atrium, which like died like 12 months later. What's interesting to me is that Sequoia and I can't remember the other firm, but they are investors in WhatsApp,. They're also investors in things like secret. If even them can pick a consumer app that like implodeslike 12 months later, how am I going to be able to pick the winner?

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