Sequoia has marked its investment in FTX down to $0

Re:Sequoia has marked its investment in FTX down to $0 by techsplooge on Wednesday November 09, 2022 @09:48PM (#33541574)

So much FUD around this event. FTX is fine, they have a stadium and other high profile sponsorships.

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Re:Sequoia has marked its investment in FTX down to $0 by noirbot on Wednesday November 09, 2022 @10:37PM (#33541874)

"They've spent too much money to be out of money" is a really weird read of how money works.

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Re:Sequoia has marked its investment in FTX down to $0 by dmak on Wednesday November 09, 2022 @10:12PM (#33541714)

That is too much copium.

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Re:Sequoia has marked its investment in FTX down to $0 by MrMan on Wednesday November 09, 2022 @10:15PM (#33541744)

The Kroenke's will back FSB just like they backed Arteta, FTX will be top of the table this time next year remind me one year

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Re:Sequoia has marked its investment in FTX down to $0 by braingenious on Wednesday November 09, 2022 @09:49PM (#33541582)

lol

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Re:Sequoia has marked its investment in FTX down to $0 by bowenjin on Wednesday November 09, 2022 @11:43PM (#33542307)

I feel had this comment been on reddit, it would have been interpreted as sarcasm and received upvotes.

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Re:Sequoia has marked its investment in FTX down to $0 by dorkwood on Thursday November 10, 2022 @06:10AM (#33544875)

Really? In my experience, sarcasm doesn't fly on reddit unless you end with /s

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Re:Sequoia has marked its investment in FTX down to $0 by MandieD on Thursday November 10, 2022 @02:07AM (#33543215)

Not sure if this was sarcasm, but during the transition from Dotcom Boom to Dotcom Bust, it was a bit of folk wisdom that if you saw a Dotcom rename a stadium, its shareholders best start selling and its employees best start job hunting.

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