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SBF gets arrested, The Block’s CEO gets a bag from FTX, + Walmart launches a BNPL service | E1636
This Week in Startups
Is This the Biggest Black Eye for VC?
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Kevin O'Leary is going to have to give back $15 million. He claims of the 15 million he put like 10 million of it into crypto or something. Semaphore, I think they probably took $5 million from him in that $25 million round. And those people... It might get clogged back. Like bankruptcy court literally might come calling for them. Is this the biggest black eye for VC ever? Bigger than Theranos because really... Theranos didn't know VCs weren't even in. This is going to change forever. Do diligence in governance.
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