Sublime
An inspiration engine for ideas
We're drunk on our stupidity, again.
Bribing founders with homes?
Free secondaries as % of investment?
Celebrating founders who leave the team out to dry?
Counting GMV, bookings, distribution contracts, and equity raised as "ARR"?
Manufacturing positive GM by burying COGS?
Taking 10x+ more in secondaries than ARR?
Lying about illicit content... See more
1/ NY Attorney General vs. DCG @BarrySilbert:
FTX was worse than Madoff.
And, DCG was worse than Enron.
This thread will show how.
And why the NYAG's request will force a sale of Grayscale.
Ram Ahluwalia CFA, Lumidax.com
1) The fact that Twitter is running well with headcount down significantly really matters.
Whether they admit or not, everyone in SV admires Elon.
A lot of venture funded CEOs are sending emails like this; inspired by Elon and taking drastic action.
Margins are going up. https://t.co/cyyZjFjR8W