DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
Subscribe to Durwin
Subscribe to Durwin
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
Again, another week, another “leak”.
I love how the leaks are almost always exclusively on Twitter.
It is seriously becoming the go-to news site for the latest, freshest, most up to date information on hot button issues.
Check out this leak:
“Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied up with Sam Bankman-Fried’s FTX and Alameda Research, according to financials that had previously been redacted but were mistakenly uploaded on Tuesday without the redactions.”
$415.9M worth of assets are frozen on FTX. $831.3M was loaned out to Alameda Research.
Both FTX and Alameda belongs to SBF, our infamous crypto wunderkid who practices effective altruistism.
Months after Luna/Terra, months after 3AC collapsing, months after FTX dies, the fire rages on and on with no end in sight.
The fire is claiming its victims slowly but surely like molten lava creeping across the land, enveloping everything in sight.
No one is safe.
Especially those who gambled recklessly and were greedy.
More interestingly, I always wondered how did they keep the good employees from leaving a company like BlockFi, which is effectively a walking Zombie and has absolutely no value being associated with.
“BlockFi’s 125 remaining employees are being paid handsomely as part of the proposed retention plan designed to keep some people on board during the bankruptcy process”.
The retained employees will collect an aggregate $11.9 million on an annualized basis.
Five employees still with the company make an average of $822,834.
Wow.
They are literally solving money problems with … more money!
It might be painful, but its the only move that makes sense.
Otherwise, there would be no one left who wants to work at BlockFi.
Someone needs to do the dirty work of cleaning up the mess and putting back the chairs at the end of a rave party right?
Between the “leaks”, the horror exposed, the self-dealing, the lies, the deceit and the greed, crypto has taken on a stinky reputation?
Oh. My. Lawd.
Why is crypto like this?
Was crypto supposed to be like this?
It is abhorrent and inane.
This is just greed.
Pure and simple.
Greed multiplied on grotesquely large scale that bit more than they could chew.
We want our money back please.
Crypto shouldn’t be like this.
We are better than this.
-
Does crypto have a bad reputation now?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #blockfi #bad #bearmarket #NFT #alameda #ftx #sbf #leaks #bankrupt
Again, another week, another “leak”.
I love how the leaks are almost always exclusively on Twitter.
It is seriously becoming the go-to news site for the latest, freshest, most up to date information on hot button issues.
Check out this leak:
“Bankrupt crypto lender BlockFi had over $1.2 billion in assets tied up with Sam Bankman-Fried’s FTX and Alameda Research, according to financials that had previously been redacted but were mistakenly uploaded on Tuesday without the redactions.”
$415.9M worth of assets are frozen on FTX. $831.3M was loaned out to Alameda Research.
Both FTX and Alameda belongs to SBF, our infamous crypto wunderkid who practices effective altruistism.
Months after Luna/Terra, months after 3AC collapsing, months after FTX dies, the fire rages on and on with no end in sight.
The fire is claiming its victims slowly but surely like molten lava creeping across the land, enveloping everything in sight.
No one is safe.
Especially those who gambled recklessly and were greedy.
More interestingly, I always wondered how did they keep the good employees from leaving a company like BlockFi, which is effectively a walking Zombie and has absolutely no value being associated with.
“BlockFi’s 125 remaining employees are being paid handsomely as part of the proposed retention plan designed to keep some people on board during the bankruptcy process”.
The retained employees will collect an aggregate $11.9 million on an annualized basis.
Five employees still with the company make an average of $822,834.
Wow.
They are literally solving money problems with … more money!
It might be painful, but its the only move that makes sense.
Otherwise, there would be no one left who wants to work at BlockFi.
Someone needs to do the dirty work of cleaning up the mess and putting back the chairs at the end of a rave party right?
Between the “leaks”, the horror exposed, the self-dealing, the lies, the deceit and the greed, crypto has taken on a stinky reputation?
Oh. My. Lawd.
Why is crypto like this?
Was crypto supposed to be like this?
It is abhorrent and inane.
This is just greed.
Pure and simple.
Greed multiplied on grotesquely large scale that bit more than they could chew.
We want our money back please.
Crypto shouldn’t be like this.
We are better than this.
-
Does crypto have a bad reputation now?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #blockfi #bad #bearmarket #NFT #alameda #ftx #sbf #leaks #bankrupt
No activity yet