FTX Invests in Startup, Funds Vanish in 6 Weeks, Company in ‘Cockroach Mode’!
FTX, a cryptocurrency exchange, recently funded a startup, which, in just six weeks, spent all the invested funds, forcing the business to enter what is colloquially known as “cockroach mode.” This unexpected turn of events emphasizes the volatile nature of startups, and the uncertainty of investing venture capital funds in these companies. Moreover, it highlights […]