#LABUBU This bubble burst has made the topic of VCs and founders cashing out at high positions a hot topic, with everyone discussing whether it's 'cashing out at a high position' or 'escaping at the peak'?
To be honest, it's still hard to draw a conclusion. However, the stock price plummeting on Friday at least made the market start to be alert.
From the perspective of capital speculation, this sudden surge in events, combined with celebrity endorsements and the so-called 'sky-high' auctions, is strikingly similar to the tactics in the cryptocurrency world where KOLs frantically promote and boast about getting rich a hundredfold.
The cashing out actions of VCs and founders are quite unified, essentially seizing the opportunity to lock in profits while it's hot.
This also illustrates a reality: the capital market has no real faith; once the rumors start and the crowd gathers, it's time to lock in profits and leave.
Of course, it's rare to find people who can remain calm and cash out without being swayed by panic and greed...
