Getting people to use your so-called "superapp" is trivial when you throw enough money at them, to the extent that every transaction made through the app makes is unprofitable. The difficult part is getting people to continue using your app even when the frankly obscene amount of subsidies are withdrawn. Grab has never been capable of the second part. It's for this reason that I am extremely skeptical of those who think Grab will ever succeed. Grab's response everytime usage numbers falls is to throw even more money at the problem. They have consistently racked up billions of dollars in losses, and this number only continues to grow ever larger. How can such a company ever be profitable? What happens when the money runs out?

What an illogical, incoherent article, seemingly written by an author consumed with self-pity. That getting wealthy and achieving financial security has never been easy, both then and now. Not everyone who tries is guaranteed to succeed. The fact is that no one is remotely interested in intentionally keeping millennials down. If you are not able to offer skills and abilities that others would value, no one would pay you for anything. Instead of raging against an imaginary machine, perhaps the author's time would be better spent acquiring the skills employers would value and pay for. For instance, even if a small fortune was racked up in college debt, was there actually anything worthwhile learnt?

I would take anything said by so-called "celebrities" with a huge handful of salt. They could easily just be manipulating the price for their own personal gain. After all crypto markets are completely unregulated and there are no penalties for such actions which would be frowned upon in other asset classes.For those who do decide to buy in, do your own homework and don't invest your money simply because someone famous has said good things about it.

The accolades seem rather premature. Warren Buffet is famous not because he achieved stratospheric returns in a single year, it's because he achieved above average returns over decades. Cathie Wood has yet to prove if she can produce any sustainable returns.I wonder how many people have actually seen the company reports produced by ARK. Let's just say they tend to be absurdly optimistic.

Very overvalued as anyone who has done any serious research can see. Still, many people will buy in on the hype so potential for profits so long as you don't get too greedy.

Great