Yep, Right Twice
It’s difficult not to gloat just a little as we really did nail it with Livongo and then Teladoc. We always stated that for Livongo there were two possibilities – the company gets acquired or it’s the greatest short of all time. Well as it turns out we were right on both accounts as Teladoc paid $19 billion for Livongo and over the past year shares of Teladoc have fallen almost 75%, which to me qualifies as one hell of a short.
But in the world of you can’t make this stuff up Teladoc has decided to move . . .
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