Gerstner recounts passing on 21.co deal with Andreessen when Bitcoin was at $1,100 in 2014.
“So we're looking at a deal with, Andreessen, because I thought Balaji was one of the smartest people in the space. The company was called twenty one dot co.”
Gerstner argues asking why now is the single worst question in technology investing history.
“The single worst question or the question that's cost the most money in the history of technology investing is why now? Okay.”