The VC division, in contrast to the rest of theThe screenshot above and all those below are taken from an Excel spreadsheet dated early November, when SBF wasamid a run on FTX customer deposits. Mobile and app users are advised to click the magnifying glass below each image for more detail.
According to a person familiar with the rescue effort, the document shows an Alameda Research private equity portfolio — with some FTX bets mixed in — that was being offered as collateral in an attempt to secure a new credit line for the stricken group.The disparate bundle of nearly 500 illiquid investments is split across 10 holding companies. The total investment value is given on the spreadsheet as in excess of $5.4bn.
The worst case for crypto is Communism.
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