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#94 - Edwin Dorsey - Shorting Bad Businesses, Investigating Care.com & Dorsey the ‘Anti-Zuckerberg’
Manage episode 314794249 series 2715815
Edwin Dorsey is Founder of The Bear Cave, a short-focused newsletter that investigates and uncovers ‘Bad businesses’.
Edwin’s passion for investing began in third grade, and when his grandmother funded an E-Trade account for him whilst still in elementary school, he was hooked. Whilst at Stanford, Dorsey shone a spotlight on the nefarious Care.com, having instigated an international investigation, that culminated with a Wallstreet Journal front page, a C-suite overhaul, and IAC’s ultimate acquisition of Care.com in early 2020.
Edwin relives that story and many more like it, including the equally awe-inspiring tale of Root Insurance’s unsavoury practices, and subsequent demise. We discuss how to identify these bad businesses and what red flags investors can look out for, before concluding by talking Twitter, and Edwin’s super-fandom of both Dorsey and the company’s monetisation potential. Enjoy!
Check out The Bear Cave on Substack: https://thebearcave.substack.com/
Thanks to Cofruition for consulting on and producing the podcast. Want further Opto insights? Check out our daily newsletter: https://www.cmcmarkets.com/en-gb/opto/newsletter
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