Great to hear! I am not a good enough market timer to play those games. Never have been. I like to buy quarters for dimes that I think will be worth dollars one day and trust my thesis while adding more on dips.
Key man: is what it is. Jobs, Gates, Musk, Kwon, Novo. When you invest in genius business people you are exposed to the genius business person dying, etc. That said, Novo is relatively young for a man of his stature, is in pretty good shape, lives well as in a well-rounded billionaire zero fvcks private jet and yachts life which decreases stress, and he seems very happy. He is also owns ~70% of the company so our interested are certainly aligned with his. All this said, he has also created an incredible bench of talent including two home-run co-presidents among other top shelf execs, and honestly, I think they could sustain if he had to step down. Frankly I don't think he is too deep in the nitty gritty these days. He tweets and pods a lot. Kind of wants to be famous, but whatever. He has, in his words, some of the smartest young people working for him who probably know more about their specialty than he does.
Competition: Success breeds it. It is what it is. But the sector is growing exponentially so there is plenty of room, and they certainly have first-mover advantage, endless funding, and again, a very, very talented bench.
Uplist and Bitgo: I have zero concerns. As my first real estate attorney told me when I bought my first home many years ago: "Please stop calling me every day, things close when they are ready to close. Everything is fine. I'll call you!"
I am as bullish as ever. Did you see that MoM AUM jump?? Of course the share price is still very much beholden to how crypto is doing. There is no denying that. But that is a good thing to me. That said, and I have no concrete evidence of this, I personally *THINK* they have a few aces up their sleeves that they are holding for a post-close/uplist pump. I think they have quite a few 100x VC investments in their pocket. There is a lot we don't know about their holdings IMO and I think they are saving those bullets.
GLXY and DME to NASDAQ in '22 LFG.