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Archegos founder arrested, Bolt sued by Authentic Brands, $GOOG & $MSFT earnings, Apple sells repair parts, EV Corvette | E1445

This Week in Startups

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The Collapse of Archegos Capital

This chapter examines the arrest of Bill Huang and the CFO of Archegos Capital, triggered by the firm's staggering financial collapse due to hidden leverage. It explains the concepts of leverage and margin calls, emphasizing the risks associated with high leverage in volatile markets through relatable examples.

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