Money
David Sacks Reveals He Sold Palantir in 20s Missing 10x Gain
All-In Podcast
Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back
What was said
"We were private investors in Palantir, and I think we sold all our stock in the 20s. Huge mistake. I missed a 10x after going public. Or an 8x or something."
David Sacks publicly admitted to one of his biggest investment mistakes, selling his entire private stake in Palantir when the stock was in the $20s, missing an 8-10x return. He also revealed missing a $4 billion opportunity by selling Enphase under $1 after taking a tax hit, citing board membership restrictions on liquidity as a key lesson learned.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- All-In Podcast
- Episode
- Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back
- Clip time
- 18:54
- Original source
- Watch the source segment →
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