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When The Chime IPO Bell Rings, VCs Get Gored (The Big Point)

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers. 

Sometimes, he or she who invests in a unicorn gets the horn. Chime will be a case in point. Its initial public offering today will leave some high-profile venture capitalists with large losses on a mark-to-market basis.

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