I am imagining this "hedge fund manager" as some guy who had a fair amount of wealth - but a greater, wealthier, social network. He spent some time pulling from this network to develop a fund, which he would manage to make all his friends rich, himself even richer.
He has been frothing for this opportunity, ever since he missed the Google boat. At the time of the goog ipo, he was a lowly broker with little funds to leverage.
Since then he has been viciously ambitious. He has built a name for himself and a powerful, if flawed, circle of acquaintances.
He was successful in frothing up his circle, convincing them that he could make an FB focused super fund and make them a killing!
He gathered up $200MM from his network and put a crazy bet on the stock.
He lost - all his credibility gone, a loss which was thought to be a sure thing. He is ruined!
Especially since now that the loss is here - it will be revealed that he committed many millions to purchases on this expected cash cow!
His bills are due, and he owes $30MM TOMORROW for everything he used funds from his network's input to pre-buy!
HE IS FUCKED!
But, he has a really nice yacht to attempt to flee to Bermuda on...
He has been frothing for this opportunity, ever since he missed the Google boat. At the time of the goog ipo, he was a lowly broker with little funds to leverage.
Since then he has been viciously ambitious. He has built a name for himself and a powerful, if flawed, circle of acquaintances.
He was successful in frothing up his circle, convincing them that he could make an FB focused super fund and make them a killing!
He gathered up $200MM from his network and put a crazy bet on the stock.
He lost - all his credibility gone, a loss which was thought to be a sure thing. He is ruined!
Especially since now that the loss is here - it will be revealed that he committed many millions to purchases on this expected cash cow!
His bills are due, and he owes $30MM TOMORROW for everything he used funds from his network's input to pre-buy!
HE IS FUCKED!
But, he has a really nice yacht to attempt to flee to Bermuda on...