Easy to say they’re sitting on a gusher of cash that was bought with hundreds of millions of ZIRP dollars worth of ads and a time when fantasy everything was na

Easy to say they’re sitting on a gusher of cash that was bought with hundreds of millions of ZIRP dollars worth of ads and a time when fantasy everything was nascent. They were in an absolute dogfight with Draftkings and losing iirc. I’m sure things look rosy now but back then there wasn’t really any way to say if they’d win and that’s reflected in the terms they raised at.