Silicon Valley Icon Fires Back At Icahn's “Classic Market Exploitation"

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Mark Melin
Published on
Updated on

There has always been a simmering dispute between those deeply associated with the Silicon Valley technology crew, which views itself as creating new industries and jobs that drive the American economy, versus the Wall Street set.  The very public Carl Icahn / eBay Inc (NASDAQ:EBAY) dispute has ignited heated passions just like a good Yankees / Red Sox playoff game would do.  Now enter Menlo Park, CA technology fixture Reid Hoffman, who stoked the flames with a new letter published on Linkedin. Words not often heard on Wall Street: “Strong platforms take years to realize their full potential” Hoffman emphasizes that…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.