3 ms·
>They had 48-hours to raise the capital necessary to cover their losses (which they managed to do with a $400 million investment from around a half-dozen invest
by stevage 3y ago
>They had 48-hours to raise the capital necessary to cover their losses (which they managed to do with a $400 million investment from around a half-dozen investors).
I'm very curious about this bit. How exactly do you raise $400m of "investment" to cover such a massive footgun, in 48 hours, when you haven't even had time to understand what happened or whether it would happen again?
Why are people stumping up hundreds of millions of cash here?