FTX Fallout

The recent write-down of SoftBank's investment in FTX highlights the dissonance between capital gains and the harsh realities of job losses in the tech sector. There’s a palpable frustration over the lack of due diligence and regulatory oversight, with FTX serving as a stark reminder of the consequences of FOMO-driven investment decisions. As the conversation unfolds, the hope for meaningful change in investor behavior feels increasingly distant.