Sep 17, 2018
We explore the Elastic IPO by doing a deep dive into its SEC Prospectus. We look at their business model and risks, and how open source software has been a giant revenue growth driver for them. We then get into an interesting discussion around tech investing and how it’s related to crypto. We look at some alerts that came through our platform: a cautionary tale of a trader who lost his life savings by investing at the peak and trying to recover losses with Bitcoin Cash and Ripple, and how to avoid doing that by looking at trading psychology. We also look at a crypto flash crash and compare it with flash crashes in public markets.