[Apocryphon]

> Tiger and Softbank were attempting to corner or buy the market to a degree by investing such great amounts that no competitor could compete or win.

They blitzscaled in the same way the companies they invested in, the Ubers and WeWorks, did so. This bubble is fractal.

[recursivenature]

Absolutely. Tiger did this by blitzscaling their way through diligence via Bain consultants [1] which was great for founders because they got money faster with fewer strings. Who would say no? So Tiger can say, look we are funding more founders faster than anyone else, great right?

It's even more fractal if Softbank was actually the "Nasdaq Whale" that bought call options on tech positions in such volume that it may have required option sellers to hedge by buying stock, perpetuating a cycle of rising tech stock prices. [2]

Echos of the Hunt Brothers and their attempt to corner the silver market [3].

[1] https://www.businessinsider.com/tiger-global-venture-capital...

[2] https://www.cnbc.com/2020/09/04/softbank-reportedly-the-nasd...

[3] https://en.wikipedia.org/wiki/Silver_Thursday

[indus]

Thanks for the reminder on the Hunt brothers. Remember watching a documentary on that crash.