4min chapter

This Week in Startups cover image

Apple vs Twitter, app store duopoly, YouTube's efficiency, Snap goes back to the office | E1623

This Week in Startups

CHAPTER

BlockFi Files Bankruptcy - Sam Bankman-Free Sues FTX

BlockFi filed for bankruptcy on Monday and is now suing Sam Bankman-Free for unpaid collateral. The collateral, of course, being the Robinhood shares. All of those a year or two or ago were the biggest geniuses in the world. Some of the money never existed because people bought into this group delusion that these tulips were worth something that they were never worth.

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