Doonesbury by Garry Trudeau for April 24, 2023

The people who know the tech business aren’t going to throw anymore of their money down a hole, Mike. Get the ignorant masses to invest in your do nothing company.

Of course Bernie came through with advice!

Isn’t that how Trumpty-Dumpty made his billions—until most of the public wised up??

Alex knew that, if Mike had just thought to ask.

Naw; he made a great deal by selling MAGAt ‘memorabilia’: ex-wives, ex-‘escorts’, ex-buildings, etc.

Darn. And here I thought Bernie was going to be the smart one.

ONLY $2 million!! There are Angel Investors today who won’t write a check that small!

Announce the opportunity to buy shares will be restricted, the IPO price skyrockets, the founders sell their stock at the top of the price and sit back as the price crashes back to pennies on the dollar. Time honored practices (dating back to this era).

See, this is how the rich get richer. The simple act of making gullible people poorer.

Go for it, Mike!

Showing its age. All the irrational exuberance and sky high valuations happened in private markets this time.

When you have used up your big “sucker”, you turn to all the little suckers who cannot afford due diligence.

This was before the whole Elizabeth Holmes fraud thing. BTW she is reporting for jail at the end of the month. Now, if we could only get the large, orange one to do the same for his crimes.

First he needs to wear a black turtleneck

Some

As t he old joke goes—“Trump is a self-made man,and that relieves the rest of us of the responsibility”