MIT Kuo Sharper Center for Prosperity and Entrepreneurship
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Teaching Resources Library
Accounting
Sam Bankman-Fried's FTX
In a span of 11 months, FTX. a crypto exchange co-founded by Sam Bankman-Fried (SBF), went from being valued at $32 billion in January 2022 to filing for bankruptcy, wiping out billions in investor money by November. Those called in to clean up the mess soon discovered that up to $9 billion in custo...
Jan 17, 2024
MIT Kuo Sharper Center for Prosperity and Entrepreneurship
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Teaching Resources Library
Strategy
ESPN Navigates a New World Order
In the early 2010s, ESPN was at the height of its powers. As the crown jewel of the then unassailable cable television bundle, ESPN was receiving upwards of $7 every month from more than 100 million subscribers whether they watched ESPN or not. This was in addition to the multitude of ESPN offspring...
Jul 25, 2024