Post
Topic
Board Securities
Re: Critique of the various businesses run by usagi
by
Factory
on 03/10/2012, 21:59:02 UTC
Usagi should be viewed as a case study regarding what happens when a person with nearly zero knowledge of finance and business tries to manage a venture (let alone multiple ventures at once.)

To gain a clear picture; all anyone must do is:
1. Read Usagi's posts. There is a continual misuse and lack of understanding regarding basic financial terms.
2. Read the threads of Usagi's securities. See that Usagi argues against very basic math and logic that highlights his shortcoming and his misrepresentation/misstatement of information.
3. Look at the track records of all of Usagi's securities. It is pretty grim. While many other btc-based ventures have failed, it isn't really an excuse. There are indeed ventures that have been successful (in terms of investment from IPO.)

So long as Usagi continue to act in a similar fashion, he will likely continue to destroy shareholder value and run his ventures deeper into the ground.