zlacker

startups usually dont have enough resources for a black swan.

but this collapse was entirely predictable- many analysts pointed it out and were mocked by kwon and the self-described LUNAtics.

founders either didn't do enough diligence, or didn't care.

>>dropne+(OP)
Also startup’s black swan effects are usually of the form “our service is no more” rather than “your savings are no more”.