Capitalist Letters

Capitalist Letters

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Capitalist Letters
Capitalist Letters
eToro: Promising New IPO?

eToro: Promising New IPO?

I loved eToro's business model and the philosophy behind it.. But does it automatically make it investment worthy? I am not so sure...

Oguz Erkan's avatar
Oguz Erkan
Jun 12, 2025
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Capitalist Letters
Capitalist Letters
eToro: Promising New IPO?
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Let me tell you something—so much money has been made in the last century by investing in middlemen.

Think about it.

Amazon is a middleman, Visa, MasterCard, and American Express are kind a middlemen, so are Uber, Airbnb, Booking etc…

This is not a coincidence; there is a reason for that.

Where the supply is centralized but the demand is decentralized, or v…

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