How Chris Sacca turned his student loans into $12 million… and then lost it all

Why didn't he just declare bankruptcy when he was 4 million in debt? Specially in the old days, when it was very easy to do so...

Anyway, if he was able to leverage 50K a hundred times over, then a position doubling would mean 10 million on paper, so not entirely impossible....
 
yes it was possible, everybody was riding internet wave [until it crashed] some were more lucky than others.
 
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