ST Alpha - "44 billion dollars and he managed to run it into the ground with 3 weeks. -- nm" (Reading a Post)

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In response to "Somewhere in the next business book -- (link)" by Reagen

44 billion dollars and he managed to run it into the ground with 3 weeks. -- nm

Posted by Will Hunting (aka JoeMetz) Nov 17 '22, 17:52

(No message)

Responses:

To be fair, it hasn’t crashed yet, and I expected it to happen sooner. I’m disappointed. -- nm - Mop Nov 17, 18:43
... -- (link) - The Gossip King Nov 17, 18:00
That was the price his backers were willing to pay to kill it. -- nm - Beryllium Nov 17, 17:53 11
- No chance this was the goal. He’s a complete fucking idiot. -- nm - Tim Nov 17, 18:01 2
  - Yeah, most likely. My real theory is that he thought the tech would be useful for his interplanetary plans. - Beryllium Nov 17, 18:07 1
    - The reason he told himself he did it: to make a super app with payment capabilities etc. - ralph wiggum Nov 17, 18:32
- $13b came from banks that were absolutely expecting a return on their investment -- nm - hollywood big shot Nov 17, 18:01 3
  - Were they also invested in FTX? -- nm - Beryllium Nov 17, 18:02 2
    - Ontario teachers gonna be eating cat food.......even moreso than they already have to... -- nm - Beaker Nov 17, 18:06 1
      - "Oh no, I lost 0.05% of my wealth, I'm ruined" -- nm - Reagen Nov 17, 18:14
- I don’t understand this. It’s the greatest tool around for undermining the US. -- nm - Will Hunting Nov 17, 17:56 1
  - It's also the greatest tool around for regime change and speaking truth to power. -- nm - Beryllium Nov 17, 17:58
- Elon "Bone Saw" Musk -- nm - Beryllium Nov 17, 17:54 1
  - (And no, I don't think it's disrespectful to Khashoggi to make this joke. This execution is just a furtherance of the mindset behind his own.) -- nm - Beryllium Nov 17, 17:55

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