Deep Emancipation

Wayfair: Stick a Fork In It, Because It’s Done

Wayfair puzzled me since Goldman and Bank of America/Merrill Lynch re-purposed the $1 billion husk of CSN Stores a decade ago and relaunched it as “Wayfair”, a firm whose entire business model seemed to...
Patrick Byrne
7 min read

To OSTK Owners Who Might be Living Under a Rock: Vote “YES”

Six weeks ago my former employer, Overstock.com, issued this press release: Overstock Announces Filing of Definitive Proxy Statement for Special Shareholders Meeting Seeking approval for enhanced Digital Voting Series A-1 Preferred Stock SALT LAKE...
Patrick Byrne
1 min read

Prizes Awarded = 2 Bitcoin

After leaving Overstock in August 2019 I wrote a series of blogs clarifying: Overstock decisions that previously I could not have explained; Deep State matters about which I went public in August; How the...
Patrick Byrne
5 min read

20 Years Lashed to the Mast

I took to these pages upon departure because I felt I should immediately clear up mysteries surrounding your firm. I hoped that through these backstories I could provided a small measure of solace to...
Patrick Byrne
3 min read

On Paradigms, Politics, & Preet Bharara

The thrust of the news between now and Christmas is something I already know. It may be a good time to talk some “philosophy of science”. We learn in high school science classes that...
Patrick Byrne
2 min read

Step Right Up & Win a Bitcoin: Synopsize Last 3 Months of Essays

Vote in Contest Here I will pay a prize of 1 bitcoin (worth ≈ $8,200 as I type) to the person who creates the best <250 word synopsis / explanation of the story I...
Patrick Byrne
1 min read

Reflections on Overstock Q3 Quarterly Earnings

A number of people have asked for comment. I listened to the full recording. I will be brief. That keiretsu of blockchain companies is doing things of historic significance, which will translate into money...
Patrick Byrne
3 min read

The SEC & Me, Part Deux

On April 12, 2016 my relationship with the SEC began anew. I know the date because that day in Washington, DC  I gave a talk at the Cato Institute,  and the date appears on...
Patrick Byrne
13 min read

Why I Settled the Lawsuit Against the Prime Brokers

Over the years numerous people have asked me or posted on this message board one version or another of a question regarding my decision to settle the prime brokerage lawsuit against Goldman and Bank...
Patrick Byrne
3 min read

The SEC & Me, Part I: #MeToo

1) “Pariah for Life on Wall Street” In 2002 Overstock was the first firm to go public using Bill Hambrecht’s Dutch Auction method. How did that come about? The conventional IPO system is corrupt....
Patrick Byrne
25 min read