Based On what I have noticed, Reasons behind shutting down well funded startups: 📉
• Board Members dispute or improper management
• Lack of TAM
• The main point - Non sustainable business model ( most of startups couldn't monetize along with grow
FTX Ordered to Pay $12.7 Billion in Landmark Court Ruling
In a significant development for the crypto world, a U.S. court has ordered the bankrupt cryptocurrency exchange FTX to pay $12.7 billion in compensation to its customers. This decision comes