SBF has invested in a lot of start-ups, right? I’m thinking this should give him a decent chance of bouncing back (via one or more of those start-ups making it big) if the worst happens with the current situation.
Probably. They are insulated financially (I think), but not reputationally. They might need to rebrand (despite the large amount of costs sunk into marketing!)
SBF has invested in a lot of start-ups, right? I’m thinking this should give him a decent chance of bouncing back (via one or more of those start-ups making it big) if the worst happens with the current situation.
He still has ~$600m of HOOD stock plus whatever equity stake is left in FTX.us. FTX.us is probably worth at least a few billion.
Isn’t FTX.US likely to significantly drop in value too?
Probably. They are insulated financially (I think), but not reputationally. They might need to rebrand (despite the large amount of costs sunk into marketing!)