“FTX Trading Ltd. announced the closing of a $400 million Series C fundraise, increasing the valuation of the Company to $32 billion. The round saw participation from Temasek, Paradigm, Ontario Teachers' Pension Plan Board, NEA, IVP, SoftBank Vision Fund 2, Lightspeed Venture Partners...
JPMorgan Executes Its First DeFi Trade Using Public Blockchain
https://www.bloomberg.com/news/articles/2022-11-02/jpmorgan-executes-its-first-defi-trade-using-public-blockchain#xj4y7vzkg
Bezos billed AWS as an "a public commodity with unlimited demand"
I'd reckon holograms (AR) and real presence view (VR) are analogous
But the logic above is thinking by analogy and not first principles
First principles: Metaverse is not a Minecraft/Roblox style game, but instead a platform...
Issue w/ China is GAAP earnings
$meta warnings call Zuck says “those who invest will invest with us over long term will be rewarded,” and then the future CFO jumps in with ROI on ad spend for an insulated cup maker:rofl: