⚰️
2014-2022
Melvin Capital
Sophisticated hedge fund
👑 Hubris
Valuation at Death
-$7 billion
Money Burned
$6.8 billion on GameStop alone
Body Count
Entire fund
Lifespan
2922 days (8 years)
☠️ Official Cause of Death
Reddit had other plans
Shorted 140% of GameStop. WSB said 'hold my beer.' Lost 53% in January 2021
Epitaph
Here lies smart money
Outsmarted by DeepFuckingValue
The tendies weren't theirs
💎🙌 forever
💡 The Lesson
Never fight the internet
🙋
I Was There Too
Raise your hand. Be honest. We all fuck up.
No one has confessed yet. Be the first to raise your hand.
Were you part of this? Did you use it? Raise your hand:
💡
Enjoyed Reading About Melvin Capital's Death?
Cool. Now be a human and admit a time you've fucked up.
You just read about someone else's failure. Maybe it's time to share yours? You might leave here with a friend who made the exact same mistake.
Fine, I'll Share My Failure