[tricky]

How much money did they raise? like $1.2 billion? yikes. - edit - no, from what I can find they raised $100M then $350M last July and were looking to raise $500M earlier this month on a down round. Still... yikes.

[akgoel]

My VC funds tried to raise a down round 2 weeks ago, and I got upset because nowhere did they discuss the possibility of imminent bankruptcy.

[blitzar]

I am deeply disappointed in myself that I havent raised 500mil from one of the "master of the universe" VC's for a crypto vapourware project.

[xiaolingxiao]

Did you say your vc fund? As in a fund or vc funded startup

[akgoel]

I have invested in a fund that invested in blockfi in 2019, and they came back to ask for a follow-on a couple weeks ago, probably to bail out their last two funding rounds.

[atlasunshrugged]

Interesting, I guess FTX is really in it to save the ecosystem but not sure the value for an investor (unless their portfolio is all crypto projects) to bail them out.

[quickcheque]

I mean that possibility is implied. Backward and downward.