Do Kwon, a South Korean entrepreneur, hyped the Luna and TerraUSD cryptocurrencies. Their failures have devastated some traders, though not the investment firms that cashed out early.
Tag: Entrepreneurship
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Fear and Loathing Return to Tech Start-Ups
Workers are dumping their stock, companies are cutting costs, and layoffs abound as troubling economic forces hit tech start-ups.
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Bolt Built $11 Billion Business With Inflated Metrics and Eager Investors
The start-up has had a meteoric rise, thanks to its charismatic co-founder, Ryan Breslow. But he sometimes stretched the truth to get there.
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For Tens of Millions of Americans, the Good Times Are Right Now
Their houses are piggy banks, their retirement accounts are up and their bosses are eager to please. When the boom ends, everything will change.