Let the mayhem begin:
The best League of Legends teams from around the globe have arrived, and every team is ready to fight for their shot at lifting the Summoner's Cup! #Worlds2024
It’s not a loss.
It’s being cash flow negative.
If you can’t carry the mortgage costs as a landlord, you’re overleveraged.
Your tenant’s rent still contributes to your purchase of your rental property.
No one owes you a positive cash flow for your purchase you couldn’t afford.
Innovation in MMOs, a thread/rant
To start with, we want to make a game that is loved by people who love MMOs. I understand the appeal of a studio making some crazy new genre that is maybe an MMO or maybe something new. I hope there are studios that take that shot. It won't be ours.
🏦📉 SVB Crash Explained📉🏦
Silicon Valley Bank—#16 largest US bank with $212B — just crashed 60% in 1 day & fell 22% post-close. Stock halted now.
@BillAckman is calling a US gov bailout.
@peterthiel is calling a bank run.
JPM, BAC, WFC all dropped 6%.
What's next?
Is this (a) Lehman moment or (b) overblown?
Are depositors screwed or just equity investors?
And what do the terms "AFS", "HTM", "NII", & "FDIC Insurance" actually mean?
👇THREAD ON SVB
🧵/