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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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>> No.52306021 [View]
File: 297 KB, 710x842, 1663833712570078.png [View same] [iqdb] [saucenao] [google]

the not-needed, not-real semitic token was used as a collateral for a bunch of loans, on-chain and off-chain. Now that it went to zero, someone's got problems with their balance sheets (oopsie)

>> No.51570243 [View]
File: 297 KB, 710x842, 1663833712570078.png [View same] [iqdb] [saucenao] [google]

>still a large(st?) stakeholder
>still a chairman
>got some other guy to run the business and do other exhausting heavy lifting
What's the issue here? Pretty sure all smart founders hire some CEOs/directors/whatevers to just basically retire while retaining the cash flow. And he didn't even hire some jeet for it, the new CEO seems legit also

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