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Why Big Tech's Jobs Bubble Burst. Plus, SBF's Scandal Deepens.
Plain English with Derek Thompson
Venture Capitalists Get Paid to Invest Other People's Money
Alameda and FTX are giving financial statements to their investors. And those statements have numbers in them that are making these investors think that this is a good place for them to put tens, if not hundreds of millions of dollars. But there are other people looking at different financial statements coming out of FTX and Alameda that are saying that this is completely unworkable.
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