@ehsan_50us@danielisdizzy He had short positions on 12 stocks, they rose in price and he had to cover at a loss.
Later, after he had exited the short, all the companies crashed and burned.
He was right about the company, wrong about the timing.
Being early on a short can kill you.
@FoundersPodcast As a fellow Austrian I can say the man ist considered an absolute legend among entrepreneurs here. I'd just add that Forbes estimates his son's 49% stake in the company at $39.3 bn.