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Whoa. So I got a DM on Twitter about a week ago thanking me for pushing back on Emad’s claims about cluster pricing. I didn’t really take it seriously (or understand it) till now:

https://i.imgur.com/5XAndrR.jpg

https://i.imgur.com/OAZeZEl.jpg

So for whatever that’s worth, here’s a claim that predates this article by a week that emad was lying about stability origins to investors. I’ve trimmed the name off the DM for obvious reasons, but it’s from someone who seems credible (though I don’t know them).

I don’t like posting random unsubstantiated accusations without context. But this article just provided both.

As for what he lied about (or stretched the truth), I don’t know. I don’t even know if it matters. But this is why I never lie to investors, and why I’ve always really felt negatively towards colleagues who stretch the truth. It’s all kinds of misleading, and it’s a kind of misleading that tends to matter.

It would also make me upset as an investor if I found out that someone had fooled me. So even if it’d be to my advantage to lie for money, I can’t imagine doing it. I’d rather live in relative obscurity.





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