Sequoia writes down FTX to $0

[Anonymous No.52330235]

[Anonymous No.52330273]

>>52330235
ok and?

[Anonymous No.52330297]

>>52330273
all this writing for nothing

https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/

[Anonymous No.52330338]

>>3% permanent loss of capital is "good shape"
hehe

[Anonymous No.52330396]

>>52330297
that's a lot of text i just didn't read lol

[Anonymous No.52330604]

>These real losses are offset by unrealized gains
???

[Anonymous No.52330742]

>>52330604
FTX was 3% of the total fund

[Anonymous No.52330774]

Brutal
Is tom brady on suicide watch right now
I really he didnt invest more than 10 million

[Anonymous No.52330777]

>>52330604
I lost my bet on the Phillies to win world series but it doesn't matter because my bet on Brazil in the world cup will recoup my losses

[Anonymous No.52330807]

>>52330774
idk

[Anonymous No.52330878]

>>52330807
>>52330235
did literally nobody ask to see this jew's cash balance

[Anonymous No.52330898]

>>52330878
No they just saw the revenue and expenses

[Anonymous No.52330932]

>>52330604
Their other investments have enough imaginary value to make up for the actual loss they've incurred. In Minecraft.

[Anonymous No.52331032]

>>52330396
You're missing out, there's some funny stuff in there.

[Anonymous No.52331096]

>>52331032
lel

[Anonymous No.52331104]

>>52331032
It reads like SBF himself wrote it

[Anonymous No.52331125]

>>52331032
Shoulda played C&C:Generals if he wanted to make it

[Anonymous No.52331144]

who wrote this

[Anonymous No.52331182]

>>52330273
means basically that they dont give a fuck if ftx got to bankruptcy bc is nothing compare to the capotal they have, if they want to rescue ftx they can but if they pit to 0 that means they give a shit. So no money back for shitcoiners

[Anonymous No.52331432]

>>52331032
lmfao

[Anonymous No.52331610]

>>52330777
Literally how diversified funds mitigate risk.

[Anonymous No.52331630]

>>52331144
Lmao

[Anonymous No.52331655]

>>52331032
we're ruled by idiots

[Anonymous No.52331775]

>>52331032
Whens the collapse?
For the best really

[Anonymous No.52331828]

>>52330604
Technically the losses are unrealized

[Anonymous No.52332058]

>>52331032
How could you like that nasally little ogre? They just realised he's one of them so they went all in

[Anonymous No.52332098]

>>52331032
>>52331144
what the fuck is this zoomer trash? people actually give money to these retards

[Anonymous No.52332123]

>>52331032
mid is missing

[Anonymous No.52332680]

>>52330807
>Said Bündchen: “It was fascinating getting to know more about the crypto universe! Cryptocurrency will become more and more familiar to all of us as time goes on. What attracted me most about this partnership was the potential to apply resources to help regenerate the Earth, and enable people to lead better lives, therefore generating real transformation in our society. Sam and I are both enthusiasts who share a belief that we are on this earth for a greater reason, and that we all have a role in safeguarding our planet. I look forward to working with the FTX team to create a positive impact in our world!”

[Anonymous No.52332819]

>>52331144

[Anonymous No.52332864]

>>52330235
in other words, sequoia deez nuts

[Anonymous No.52332920]

>>52330235
Brianlet here. Sequioa invests in Israel according to Wikipedia. Is this relevant in any way?

[Anonymous No.52332921]

>>52330604
FiNAnCe

[Anonymous No.52332923]

>>52330235
Are they trying to avoid the appearance of cascading liquidity issues?