Rey Mashayekhi
Rey Mashayekhi
Writer @FortuneMagazine. DMV native. Top Red. rey.mashayekhi@fortune.comSource
Los Angeles, CA
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Social network Minds pours 25% of balance sheet into crypto

Social network Minds pours 25% of balance sheet into crypto

Crypto-focused social network Minds is a decentralized alternative to Facebook—one that lets its roughly 5 million users, including content creators and advertisers, promote their posts and transact by paying with digital tokens. Now the startup is putting its money where its mind is and converting around 25% of its balance sheet, or roughly $2.5 million, into cryptocurrencies. The move represents approximately a quarter of the $10 million Series B funding the company raised in June, founder and CEO Bill Ottman tells Fortune. Major public companies like Tesla, Square, Coinbase, and...

Sep 16
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Forget impeachment: Trump’s post-presidential legal, financial woes begin to mount

Forget impeachment: Trump’s post-presidential legal, financial woes begin to mount

You need to enable JavaScript to view this site.SEARCHSIGN INMost Popular© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our and |  |  |FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.Quotes delayed at least 15 minutes. Market data provided by . ETF and Mutual Fund data provided by , Inc. Dow Jones Terms & Conditions: .S&P Index data is the property of Chicago...

Feb 10
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