The Treasury Strategy That Cost $100 Million l Dan Novaes
Автор: My Worst Investment Ever
Загружено: 2025-09-08
Просмотров: 58
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Dan Novaes' Worst Investment Ever:
Dan decided to take the bold move of turning his treasury into a long-term crypto strategy. What started as $2 million in Bitcoin and Ethereum ballooned to $30 million, but the 2022 crash and business pressures forced him to liquidate at low prices—missing out on what could have been a $100 million windfall.
BIO: As Co-Founder & CEO of Mode Mobile, Dan Novaes is leading the transformation of how people interact with technology. His “Earn As You Go” software empowers millions of consumers to turn daily habits into passive income.
LEARNING: Don’t chase aggressive expansion without a clear path to profitability. Stick to your core business. Separate your business from speculative bets.
“Everyone has a plan until they get punched in the face. Take a moment of deep thinking every week when things are going well, think about everything that could go wrong, and then reassess your position.” - Dan Novaes
📚 Resources: https://myworstinvestmentever.com/ep8...
My Worst Investment Ever podcast:
In this podcast, Andrew Stotz talks to expert guests such as Raoul Pal, Lou Adler, Christopher Mayer, Danielle DiMartino Booth, Ranveer Brar, Morgan Housel, David Barnett, J Money, Mark Moss, Patrice Washington, Ed Latimore, Robert Paylor, Shana Sissel, Stephen Kalayjian, Tony Fish, Bracken Darrell, and Natali Morris.
🎧 More podcast episodes: https://myworstinvestmentever.com/pop...
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🥾 Valuation Master Class Boot Camp - https://astotz.kartra.com/page/VMCboo...
💻 Online courses - https://academy.astotz.com/
📓 Blog - https://becomeabetterinvestor.net
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I am not a CPA, attorney, or financial advisor, and the information in this video shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit.
#risk #worstinvestment #investing
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