4min chapter

This Week in Startups cover image

Meta cuts 11K employees, Binance/FTX fallout + Homeward CEO Dr. Jenny Schneider | E1608

This Week in Startups

CHAPTER

Is FTX Worth One Dollar?

Bloomberg is estimating that FTX, which was worth $32 billion on Monday, is now estimated to be worth one single dollar. And SPF himself lost 95 or 96% of his personal wealth overnight. Jodler: "I think this is a full on Lehman Brothers Bear Sirns moment"

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