Astra Veda Corp (ASTA)

[sfomarc]

Anyone here of Gary Vaynerchuk? I haven't but he was on page R10 of the WSJ today. Interesting reading on his making money on FB but losing money on BlackJet. What I found most interesting was a couple of quotes which I believe the longs are betting on at WRFX.

"Nothing trumps the combination of blindly believing in the product and service and the founder that's driving it. Nothing."

"He talks about companies as horses and founders as jockeys." "The Holy Grail of an investment is to be as sold on the horse as the jockey. But defaults to putting more weight on the founder side of the scale, in part because there are so many fake entrepreneurs....." "When the market punches them in the face they fold like a cheap chair."