Secondary Market Stupidity
If you're one of the "investors" who just bought Twitter shares at a $10 billion valuation, you're either a scumbag or a moron.
David Hornik
David Hornik is a partner at August Capital, a venture capital firm in Menlo Park, Calif. and the author of VentureBlog, where this article originally appeared. August Capital is an investor in Say Media, the parent company of ReadWrite.