Young Ko Profile Banner
Young Ko Profile
Young Ko

@YoungKo83

22,205
Followers
590
Following
38
Media
935
Statuses

Advisor & Investor, Ex CFO @0xPolygonLabs ($Matic), Penske Media.

Joined December 2022
Don't wanna be here? Send us removal request.
Pinned Tweet
@YoungKo83
Young Ko
6 months
2024 Market Predictions: - $SPX 5,750 by EOY - $BTC $60k by end of May and $115k by EOY - $BTC miners outperform $BTC. I’m giga long $CLSK and $IREN - $SOL gets no where near the $1k predictions but still does well (I’ve been very bullish $SOL since 2020). Perhaps 300-400. -
29
64
160
@YoungKo83
Young Ko
7 months
@endless_frank What likely happens in this martingale variant is you keep this up for a while, bleed some Capital, give up, and then the 2% drawdown happens.
5
1
53
@YoungKo83
Young Ko
1 year
@BowTiedBroke Exactly the reason I’m leaving corporate life. You become a prisoner with no freedoms to enjoy, esp as CFO. Perhaps other C Suite disciplines have a bit more flexibility.
1
1
27
@YoungKo83
Young Ko
16 days
@LPWhisperer Before you hire anyone to do SEO, you should screen exactly who will be handling and their competence. Request historical performance of sites they’ve handled (before and after). It’s hand to hand combat and most are bad at it.
2
0
29
@YoungKo83
Young Ko
11 months
I’m a CFO with a CPA that was previously a Controller of large multi billion dollar orgs. I’ve done dozens of QoE’s, 409a’s, audits, etc. and I’d still engage a QoE firm for almost any SMB I acquire.
@ElliottEHolland
King of QoE
11 months
Stay off the Bogus EBITDA TRAIN 🚂 Broker/CIM EBITDA : $97 million QoE EBITDA: $73 million $24 million difference = 7 or 8 Buyers who I prevented from going to the poor house THIS YEAR!!
11
5
67
2
2
28
@YoungKo83
Young Ko
1 year
Actively searching for SMB’s cash flowing $1-3M. Happy to invest as an LP or consider joining as a partner on a deal. Referrals appreciated!
9
0
28
@YoungKo83
Young Ko
2 months
@GuyDealership Someone with land to build a ton of bays for the service department
0
0
24
@YoungKo83
Young Ko
11 months
@DoerflerJared Tell me you’re from the suburbs without telling me you’re from the suburbs
0
0
22
@YoungKo83
Young Ko
2 months
@adamscochran @HarmoniusSpirit It’s not that simple. A lot of those projects have massive overhanging supply that founders and early investors haven’t fully unloaded as the last two unlocks were underwater. Sure, a few will rise from the ashes to new highs, but newer shinier things have mindshare
4
1
20
@YoungKo83
Young Ko
4 months
Assuming Google is materially accurate, the fact that Larry Fink’s net worth is 1.2B is mind blowing. CEO, Chairman, and Founder of the largest asset manager ($10T AUM) in the world. Seems like it should be multiples higher?
1
1
18
@YoungKo83
Young Ko
3 months
@GunnisonCap Love what you are building btw.
1
1
19
@YoungKo83
Young Ko
10 months
Greyscale wins case vs. SEC immediate $BTC price action is a lot more muted than I would’ve thought. 15 min later…price moves another 3%. Turns out Binance and Bybit API’s were overwhelmed and news trading algos didn’t execute trades Crypto so inefficient still
4
1
16
@YoungKo83
Young Ko
3 months
@GunnisonCap Exciting! Is that $74M USD?
1
0
17
@YoungKo83
Young Ko
1 year
@TechDev_52 It’s the halving narrative. It concentrates liquidity injections en masse in small timeframes.
11
0
10
@YoungKo83
Young Ko
4 months
Excited to see blockchain tech displace existing work flows across a number of industries that are ripe for disruption. In the next year or two, we'll see CPG/F&B/Retail/Pharma, etc. all begin to explore use cases for blockchain. Many have already started to explore the
5
3
12
@YoungKo83
Young Ko
4 months
1B net inflow 💪 It's the modern day gold rush and it's still early. A lot of capital still don't have access to the ETF's. A few things to be excited for that will accelerate $BTC ETF holdings over the coming years: 1) Quarterly earnings reports revealing corporate treasury
@FarsideUK
Farside Investors
4 months
Bitcoin ETF Flow (US$ million) - 2024-03-12 TOTAL NET FLOW: 1045 (Provisional data) IBIT: 849 FBTC: 51.6 BITB: 24.6 ARKB: 93 BTCO: -19.7 EZBC: 0 BRRR: 39.6 HODL: 82.9 BTCW: 3 GBTC: -79 For all the data & disclaimers visit:
64
148
676
2
1
12
@YoungKo83
Young Ko
4 months
What if... $BTC $100k+ by halving (April 20) @BobLoukas
Tweet media one
0
0
10
@YoungKo83
Young Ko
5 months
@mikealfred 10x is your conservative target? I’m thinking 3-5x from here, but really hope you’re right. Was already giga long $CLSL and $IREN stock + leaps from much lower, but added $MARA stock +leaps at $18
@YoungKo83
Young Ko
6 months
2024 Market Predictions: - $SPX 5,750 by EOY - $BTC $60k by end of May and $115k by EOY - $BTC miners outperform $BTC. I’m giga long $CLSK and $IREN - $SOL gets no where near the $1k predictions but still does well (I’ve been very bullish $SOL since 2020). Perhaps 300-400. -
29
64
160
5
0
13
@YoungKo83
Young Ko
7 months
@m_franceschetti @eightsleep I love my @eightsleep , but this level of data insights is a little unnerving. Esp if you can track it to specific users.
3
1
12
@YoungKo83
Young Ko
4 months
I choose rich every time. The memes are too good
@chooserich
Nick O’Neill
4 months
Good morning from my LA lambo
1K
377
5K
1
2
9
@YoungKo83
Young Ko
1 year
Some new followers. For LP, I’m industry agnostic and writing checks up to $250k for pref (avg is 100k). Open to debt (or convertible) as well. However, I have a strong preference to own and operate and am actively searching in SoCal. Holdco is priority
3
0
12
@YoungKo83
Young Ko
8 months
Markets have priced in a 98% chance that Powell will keep rates flat tomorrow. A slightly dovish tone could be the catalyst the market needs to rally through year end. If Powell continues to be his hawkish self, we have a ways to go before equities bottom.
1
2
10
@YoungKo83
Young Ko
3 months
Counter Point: Inflows could be orders of magnitude higher than Eric's estimates, but it might take some time. There has been a flight of capital out of mainland and HK for many years. An important point is that ETF AUM =/ investable capital. The Hang Seng is down ~50% since
@EricBalchunas
Eric Balchunas
3 months
Latest on HK spot Bitcoin ETFs: They have been approved to exist but not launch (yet). Rumor has it launching next wk so to not compete w Dubai conf. Don't expect a lot of flows (I saw one estimate of $25b that's insane). We think they'll be lucky to get $500m. Here's why: 1. HK
184
469
3K
2
0
10
@YoungKo83
Young Ko
4 months
Gamma Squeeze incoming once ETF options open. 🚀
@TheBlock__
The Block
4 months
Bitcoin ETFs likely to see two ‘massive catalysts’ by the end of the year, says ETF expert
15
2
32
2
0
9
@YoungKo83
Young Ko
1 year
@BowTiedBroke Privately held thankfully. I would never make it as a public company CFO.
0
0
10
@YoungKo83
Young Ko
4 months
With the ETH ETF narrative around the corner (whether approved or not), I’m going to be so triggered by people saying ETH like Beth instead of eeeeth.
0
1
9
@YoungKo83
Young Ko
8 months
Not really interested in launching a search fund, but the temptation is there to scoop up distressed assets en masse in a few years. Seeing SMB’s trading at 6-7x multiples for 2M EBITDA is wild. Unless it’s an excellent strategic rollup, your risk:reward is capped.
3
0
8
@YoungKo83
Young Ko
4 months
I hate calling for market tops bc I’m an optimistic perma bull. However, my working thesis is short term blowoff top into March Opex on the 20th. NVDA AI conference March 18-21. Semi’s keep the markets chugging into the conference. Markets dip and base for a few weeks,
0
1
4
@YoungKo83
Young Ko
10 months
SMB Twitter seems so friendly and helpful. I’m over here thinking that I can’t wait to buy businesses in 2027 from the people buying at 1.15x DSCR. I don’t care what they say, it’s a zero sum game in some way, shape or form.
2
0
8
@YoungKo83
Young Ko
6 months
@realMatrixport There are some sharp people I really enjoyed working with at Matrixport, but that was blatant.
0
0
8
@YoungKo83
Young Ko
10 months
The takeaway from this should be that you should have liquid assets set aside before any economic downturn. If you’re trying to find liquidity during, you will be forced to take a haircut.
@YoungKo83
Young Ko
10 months
People have been calling for a recessions for years. IF it ever materializes, expect it to be long and painful. Liquidity becomes paramount in these conditions. During the GFC, spreads on liquid Corp Bonds widened so much it handicapped liquidity. 1/2
1
2
6
1
2
8
@YoungKo83
Young Ko
2 months
@Eli_Albrecht Wish I learned this earlier in my career. It works in every conversation where there’s a gap. Salary negotiations, commercial agreements, M&A, OCM, etc
0
0
7
@YoungKo83
Young Ko
10 months
@ClintFiore “You are not entitled to have Sellers bringing their price down to make your bare-ass-minimum theoretical down payment with max leverage work for you.” Dude, don’t yell at me in public
1
1
8
@YoungKo83
Young Ko
4 months
@0xjaypeg Their point system is broken though. My points get slashed every day - it really triggers me for some reason.
3
0
8
@YoungKo83
Young Ko
1 year
Perhaps I’m a boomer but what is “bowtied”? Why do so many have that in their handles?
4
0
7
@YoungKo83
Young Ko
7 months
@TheLongInvest No offense, but a double in 10 years? That’s akin to compounding at 7.2%. Opportunity cost of holding this in lieu of other assets could be massive.
2
0
7
@YoungKo83
Young Ko
10 months
The most challenging aspect of search so far is that so much is out of my control. Inefficient, slow responses or being outright ghosted, misrepresented financials, etc.
3
1
8
@YoungKo83
Young Ko
2 months
@thejustinwelsh Disagree and think it’s highly dependent on the person. I much prefer you get to the point rather than obfuscating
1
0
8
@YoungKo83
Young Ko
1 year
@ClintFiore Only fans
0
0
6
@YoungKo83
Young Ko
1 year
It’s official! Last day at my W2 job in 45 days. Plan is to take some time off, but have already been focused on searching. 1 LOI submitted, which was rejected and seller relisted at a much higher price. Off to a great start 🤣
1
0
7
@YoungKo83
Young Ko
9 months
@commbankerguy Can you elaborate on #3 ?
2
0
7
@YoungKo83
Young Ko
10 months
This is particularly true in Finance/Acctg. CFO and Controller titles are abundant but that shouldn’t discount skillsets and contributions. Most large company CFO’s couldn’t cut it as a startup or SMB CFO and vice versa. You prob don’t even need a CFO at sub 25M
@n8lenahan
Nathan Lenahan | Recruiting your next SMB leader
10 months
A challenge in SMBs Just because I say general manager and you say general manager doesn’t mean we’re talking about the same thing SMBs can’t always pay a lot but they can give away titles for free. It’s why you see COOs at companies with $3M in revenue or GMs at $1M revenue
5
2
17
2
0
7
@YoungKo83
Young Ko
1 year
@tradesearcher I’m a CPA and hesitant to acquire an Acctg firm even though my experience would make it the “easiest” business to run personally. Labor is a real issue. Race to the bottom for billing rates as firms outsource overseas. Profitable bc partners bill a lot of the work
2
0
6
@YoungKo83
Young Ko
24 days
This tweet didn't get any engagement, but if you were paying attention you probably made a boatload of money on the first pump. I certainly did. $GME Act 2 happened on May 13th and 14 with $GME running from $17 to $65, but the encore will be even more entertaining. Monitor
@YoungKo83
Young Ko
5 months
Roaring Kitty/Deepfuckingvalue (GameStop) Feel like a part 2 could transpire in the next 12-18 months. The macro socioeconomic conditions may be ripe. The market is the ultimate arena for the gamification of a rebellious community. It may take form in another ticker, but look
1
0
1
0
1
7
@YoungKo83
Young Ko
10 months
People have been calling for a recessions for years. IF it ever materializes, expect it to be long and painful. Liquidity becomes paramount in these conditions. During the GFC, spreads on liquid Corp Bonds widened so much it handicapped liquidity. 1/2
1
2
6
@YoungKo83
Young Ko
11 months
@SecretCFO 6. Don’t let FP&A be the last team to receive pertinent updates.
1
0
6
@YoungKo83
Young Ko
2 months
@thejustinwelsh I’ve received thousands, literally thousands, of cold emails/calls/messages over the years when I was heading finance. I don’t need long winded pleasantries when I know you’re just pitching me something. If it’s something I need or have been searching for and you’re direct about
2
0
5
@YoungKo83
Young Ko
4 months
Survived the blizzard!
Tweet media one
0
0
6
@YoungKo83
Young Ko
1 year
@NFT_GOD 100% true. “Mass Adoption” was the worst slogan for the space and premature by a decade. All people care about is “numba go up”
0
0
5
@YoungKo83
Young Ko
11 months
@Trader_XO From a pure mcap perspective, agree. Generally think tokens that haven’t gone through a full bull will be the biggest beneficiaries. SOL is a complete outlier as it’s super polarizing and the community is fervent. It will outperform bc it’s hated by many.
0
1
5
@YoungKo83
Young Ko
10 months
@zachxbt You're at risk even with authenticator apps. Cold Storage or @efani is ideal.
0
2
5
@YoungKo83
Young Ko
6 months
@bentigg Will check out cal bridge, thanks
0
0
2
@YoungKo83
Young Ko
8 months
@RoyLMattox Very similar to my current exposure and line of thinking. Critical week that may determine how Q4 unfolds.
2
0
4
@YoungKo83
Young Ko
2 years
@SMB_Attorney When you get to $1M/yr, you want $5, then $10, etc. That drive is what got you to $1M in the first place. My wife and therapist have both helped me re-frame what my role really (and what I desire) is for the family.
0
0
5
@YoungKo83
Young Ko
2 months
@bavedikian The ice cream easily cost more than $1
1
0
5
@YoungKo83
Young Ko
3 months
@TheBlock__ Bullish USDC. Circle and @coinbase
0
0
4
@YoungKo83
Young Ko
2 years
@JamesOdegaard Good for him to recognize and cut losses quickly. Most would toil for too long
1
0
5
@YoungKo83
Young Ko
3 months
Spent the morning fishing on the lake
Tweet media one
Tweet media two
0
1
5
@YoungKo83
Young Ko
9 months
@IamRamenPanda I have my doubts but differing opinions are what makes markets
1
0
5
@YoungKo83
Young Ko
9 months
@sweatystartup We do something similar but expand it to general weekly roles: Family Chef, Recycling, and Clean Up duty. Family chef helps with cooking, recycling helps take out and break down boxes, and clean up leads the charge.
0
0
5
@YoungKo83
Young Ko
11 months
Vail is beautiful this time of year. Four Seasons and fishing at Piney Lake
Tweet media one
Tweet media two
0
0
3
@YoungKo83
Young Ko
2 months
Crypto Idea: Someone needs to develop a tool that unstakes across all chains/wallets and can "recall" said assets into your desired wallet & chain. Half the battle is remembering where everything is. I'm probably staked or restaked on 10+ chains at any given time. Such a pain.
3
1
5
@YoungKo83
Young Ko
8 months
@SecretCFO If the rumors are true, it’s best he not say anything yet. I’m sure he’s found counsel and a PR team. Sickening if it’s true.
2
0
4
@YoungKo83
Young Ko
2 months
Crypto bros. There are only 2 things you should be thinking about 1) Runes & BTC ecosystem 2) What the next narrative could be My guess is rotation back to Sol meme’s if the chain stabilizes or Base szn.
0
0
2
@YoungKo83
Young Ko
1 year
@OffshoreAlert Interesting. Wonder if this has been in the works for a while. I was in the process of opening an account in late January for Polygon and then ghosted.
1
0
4
@YoungKo83
Young Ko
11 months
@bentigg EBITDA and can’t convince me otherwise. BUT I like being presented with SDE for a couple reasons. Breaks out owner comp/personal expenses and reveals how aggressive they’re pushing addbacks. Makes me even more skeptical when I see a bunch of questionable stuff.
1
0
4
@YoungKo83
Young Ko
3 months
@bavedikian Complete dirt bag move that’s probably legal given TX is non disclosure. Would be curious to see their Investment Decks.
0
0
4
@YoungKo83
Young Ko
10 months
I wouldn’t go as far as calling it a scam, but do think people have been conditioned to contribute without thinking outside the box. I’ll have a thread on this at some point explaining why I think a lot of people shouldn’t contribute more than the match.
@jjtejkl
Josh Tejkl | Fractional CFO
10 months
401 (k) plans are a scam.
5
1
14
0
0
4
@YoungKo83
Young Ko
8 months
@AlgodTrading Yep. A crypto native product without the ethos. Wouldn’t be surprised to see other DEX’s take market share rather quickly.
2
0
2
@YoungKo83
Young Ko
10 months
@RegZeller This is true of almost every free market with asymmetrical risk:rewards. The juice gets squeezed. Banks operate within a fairly defined risk curve, whereas buyers should pencil deals that provide outsized returns for any incremental risk
2
0
4
@YoungKo83
Young Ko
11 months
@SecretCFO The evolution is more about soft skills than excel wizardry. Have to be able to engage and connect with all different types of personalities to ultimately get the desired end result.
0
0
3
@YoungKo83
Young Ko
1 year
Define your goalposts and work backwards. My professional thesis has always been to either make as much as you can or learn as much as you can but ideally it’s both. That will set you up to pursue whatever endeavor is next.
@k_lbs_
k_lbs
1 year
@BowTiedBroke Thanks for the answer. No career in tech/finance ?
7
0
5
1
0
4
@YoungKo83
Young Ko
1 year
@atnissly Higher for longer - meaning sharper increases, but years of this is unsustainable. Soft landing is likely out of the equation. However, elevated rates for another 9-12 months with an accelerated reduction of liquidity should contract the economy and increase unemployment.
1
0
4
@YoungKo83
Young Ko
9 months
@TheRealEstateG6 You’re missing 2 factors. 1) deal flow as an LP and 2) LP is passive
1
0
4
@YoungKo83
Young Ko
2 years
@SMB_Attorney In a similar situation. Making 7 figures at my day job, but sacrificing quality time with wife and kids. Always stressed due to high pressure job and the family feels the brunt of it. Hard to be “in the present” as my mind is always occupied. Not worth it for me
1
0
4
@YoungKo83
Young Ko
2 years
@SBA_Matthias 1M+ SDE, industry agnostic, SoCal or ability to be remote. Only requirement is company must be positioned to scale via tuckins or adjacent acquisitions. I.e. construction (plumbing, hvac, heavy equipment rental, etc)
1
1
4
@YoungKo83
Young Ko
4 months
Don’t get cute in uptrending markets
@Rewkang
Andrew Kang
4 months
Apparently a fund blew out $1b+ on the MSTR-BTC spread trade today They covered into the close which is why BTC dumped and MSTR premium went to the highs PNL pocketed by based Saylor and will be put back into BTC
Tweet media one
181
324
3K
0
1
3
@YoungKo83
Young Ko
11 months
@homeservguy If he has the ability to bill 300k+, it’s a no brainer
1
0
4
@YoungKo83
Young Ko
11 months
I have so many interests/obsessions, which ironically, limits my tweeting ability as I’m trying to keep this account somewhat focused. SMB RE Macro Economy Creating algo’s for trading/sports betting Investing (crypto/equities/derivs) Travel Blockchain Tech ⛳️ ⚾️ 🏀 🏈
2
0
3
@YoungKo83
Young Ko
3 months
@elonmusk Publicly setting a deadline for the team probably means he’s unhappy with the progress to date
1
0
3
@YoungKo83
Young Ko
8 months
@ThetaWarrior @TrendSpider “Last fired over a decade ago” I hope people don’t misconstrue this as the signal having a higher probability of being correct bc it hasn’t triggered in a decade. If anything, the signal is weaker if it triggered once in a sample size of >120 months, missing many sellable events
1
0
4
@YoungKo83
Young Ko
11 days
NFA, but strictly speaking from a token price perspective, the most undesirable position to be in is a L2 or gaming token that launched last cycle. Likely will never see ATH's again with no revenue to generate a cash flowing sustainable business (unless you have a strong
1
0
3
@YoungKo83
Young Ko
3 months
Agree, esp. on value extraction. From a pure price perspective, ETH’s parabolic days are behind it IMO. There are too many direct competitors and beta plays to ETH that were non existent in previous cycles. That’s not to say ETH won’t eventually be $10k+, but if you’re
@QwQiao
qw
3 months
I see no reason why leading l2s wouldn’t eventually become l1s. they’d be valued by the market an order of magnitude higher. and they’d realize what ive realized by being in the trenches: that dapp builders r pragmatic and couldn’t care less about eth-alignment
86
63
462
2
0
2
@YoungKo83
Young Ko
3 months
0
0
3
@YoungKo83
Young Ko
10 months
My Twitter bookmarks are worth more than any MBA. There’s so much free alpha shared on this platform it’s almost unbelievable.
2
0
4
@YoungKo83
Young Ko
1 year
@ClintFiore Southern California Actively searching for $1M+ cash flowing businesses. Preferably home service/contractor/manufacturing
0
0
4
@YoungKo83
Young Ko
9 months
If your business is CapEx heavy, your valuation is not “multiple X EBITDA”.
2
0
4
@YoungKo83
Young Ko
2 months
@lawyer4SMBs If you have an edge that can outperform, you concentrate. If you don’t, you diversify
1
0
4
@YoungKo83
Young Ko
3 months
@ClintFiore Brings back memories. I think mine was called a tipman pro lite?
0
0
1
@YoungKo83
Young Ko
2 years
@AdamFlamm @StrongpointRich @SamtLeslie @WilsonCompanies @RickVazza @CapitalistChuck @USMC1195 @AustinLinney Congrats! Have a similar background and aspiring to follow your footsteps! CFO -> SMB.
1
0
3
@YoungKo83
Young Ko
4 months
#BTC was volatile today. Just like my round of golf 🤦‍♂️
Tweet media one
0
0
2
@YoungKo83
Young Ko
2 months
@housleyd Depends if you’re trying to hit a homerun or a grand slam. Scaling out in chunks is always a good move.
2
0
1
@YoungKo83
Young Ko
1 year
0
0
3
@YoungKo83
Young Ko
10 months
@RegZeller Well, deal appetite certainly hasn’t changed. It’s bc the Hope is rates are cut aggressively in 24/25 and if a deal pencils now, it’ll be OK
3
0
3
@YoungKo83
Young Ko
4 months
Bump. On a smaller scale, this seems to be happening with $MSTR. Trading way over NAV, funds trying to arb long btc/short MSTR, etc. Saylor is the meme and $MSTR is the token. Don’t think full blown GME can happen given the share price is too high for most to funnel in. But
@YoungKo83
Young Ko
5 months
Roaring Kitty/Deepfuckingvalue (GameStop) Feel like a part 2 could transpire in the next 12-18 months. The macro socioeconomic conditions may be ripe. The market is the ultimate arena for the gamification of a rebellious community. It may take form in another ticker, but look
1
0
1
2
2
2
@YoungKo83
Young Ko
1 year
@ConnorAbene @the_virtual_cfo I was the VP Finance at a multi billion dollar privately held company. $1B in revenue and cash flowing into the 9 figures. Company never had a CFO. SMB owners would benefit by holding off on any “CFO” thoughts. Better to dive in and be financially savvy. Acctg is the foundation
1
0
3
@YoungKo83
Young Ko
3 months
Vixperation on Wednesday. Wouldn't be surprised to see seasonal weakness in equities over the next 2-4 weeks. In fact, I'm positioned for it. Mostly cash and some QQQ and SPY puts. Holding commodities (copper, steel, oil) that have relative strength. You want to long any dip in
Tweet media one
0
0
2