Struggling cryptohedge fund says it will still do well even if bitcoin becomes ‘Pets.com’

Struggling cryptohedge fund says it will still do well even if bitcoin becomes ‘Pets.com’

Even if bitcoin ends up like the defunct dot-com-era Pets.com, Pantera Capital's Dan Morehead says his investors "will probably do very well." "If you had a portfolio of IPOs — one was Pets.com and one was Amazon.com — it doesn't matter what the rest were. You made a great return," Morehead says. social experiment by …