The biggest thing I like about NEA right now is really that while it is growing, it has next to no debt and won't be impacted by interest rate rises that the market seems to think will pummel tech generally. Being not in debt so NEA really has the freedom to expand more without the fear of liquidity issues, of course time will tell if they're on the right track of expansion vs profitability but at this price I would say there is more upside you can price in than downside.
One can only imagine the price NEA would be at now if not for the hit piece from a week ago, but it's ok. Buying and shorting are the same, just don't be the last one to do it and get caught pants down.
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