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FTX and Biance

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  1. #151

    Join Date
    Dec 2002
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    Quote Originally Posted by aw451:
    Hong Kong is back!
    I did read somewhere or the other that 3-4 fund managers are pitching a crypto-coin-futures ETF ... We're back like its 2019!

  2. #152

    Join Date
    Jun 2010
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    Tri-State
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    Quote Originally Posted by shri:
    Here's a good one ... investments by FTX in various VC firms ...

    On a side note .. been following news reporting on semafor for a few weeks - seems to be a decent new organisation started by an ex NYT and ex Bloomberg media guys... with a minor investment from FTX...


    And they're probably in that serviced apartment place which has allegedly housed some well known people who have been worried about being extradited..



    https://www.semafor.com/article/11/1...-for-hong-kong
    Quote Originally Posted by aw451:
    Hong Kong is back!
    Hong Kong: Asia's World City . . . for those on the lam

    Maybe Edward Snowden can do promotional work for the S.A.R.
    Khema likes this.

  3. #153

    Join Date
    Nov 2005
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    Cramped island
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    Quote Originally Posted by AsianXpat0:
    I’ll give them credit for revealing this info, although I’m very curious how they are calculating IRR without cash flows (already liquidated) given these are early stage.

    Generally VC compute their IRR after cashing out on the investment, or at least when their investment are listed for them to cash out. I would guess its on a portfolio basis ? you only need to get 3 to 5% of your investments right and your IRR should be nice...

  4. #154

    Join Date
    Nov 2005
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    Cramped island
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    Quote Originally Posted by sarsi:

    Banks will only reject taking in deposits when $20 isn't $20..
    That's not very true. Try depositing zimbawe dollar or whatever currency in HSBC and see if they accept...

  5. #155

    Join Date
    Sep 2022
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    488

    Hang Seng ok for rand..


  6. #156

    Join Date
    May 2012
    Posts
    1,111
    Quote Originally Posted by Gollygordon:
    expenses were approved via emoji in a group chat
    What's wrong with approving expenses using emoji in a group chat ¯\_(ツ)_/¯
    hullexile and Gollygordon like this.

  7. #157

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    Oct 2006
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    Hong Kong
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    15,176
    shri, AsianXpat0, LifeInHK and 1 others like this.

  8. #158

    The fried bankman - photographed in HK last year

    https://www.instagram.com/p/ClAun9zPqol/


  9. #159

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    Guess they agreed on the price..

    https://youtu.be/zk115bIJ3aI


  10. #160

    Join Date
    Oct 2010
    Posts
    23,619
    Quote Originally Posted by shri:
    Guess they agreed on the price..

    https://youtu.be/zk115bIJ3aI
    This was from more than a week ago, before Binance walked away, right?

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