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Zoom earnings, SaaS burnout, Amazon's $10B Alexa loss + FTX contagion with Sunny Madra | E1619

This Week in Startups

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Genesis, DCG, and the Crypto Crossroads

This chapter analyzes the potential bankruptcy of Genesis amid the FTX crisis and its ties to Digital Currency Group and the Grayscale Bitcoin Trust. It discusses the risks associated with leverage in both cryptocurrency and traditional finance, emphasizing the urgent need for regulation to avoid liquidity crises. The conversation highlights reckless borrowing behaviors and their broader implications on the economy, drawing parallels between traditional and crypto financial practices.

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