nolarick @Al_Neche - Twitter Profile

“Scaramucci’s New Orleans Hotel Bet Likely to End in Total Loss for Clients” “Hedge fund investor Anthony Scaramucci’s firm sent a letter to clients in his so-called opportunity zone fund with a sobering message: You’re likely facing a total loss. The fund’s one investment, a Virgin Hotels property in New Orleans’ Warehouse District, had already been underwater. But in September, Scaramucci’s SkyBridge Capitallearned the asset was valued at less than half that of earlier appraisals. It wasn’t practical to refinance, and the hotel had to be sold….” https://t.co/BGutESZ1jm

kshaughnessy2's tweet photo. “Scaramucci’s New Orleans Hotel Bet Likely to End in Total Loss for Clients”

“Hedge fund investor Anthony Scaramucci’s firm sent a letter to clients in his so-called opportunity zone fund with a sobering message: You’re likely facing a total loss.

The fund’s one investment, a Virgin Hotels property in New Orleans’ Warehouse District, had already been underwater.

But in September, Scaramucci’s SkyBridge Capitallearned the asset was valued at less than half that of earlier appraisals.

It wasn’t practical to refinance, and the hotel had to be sold….”

https://t.co/BGutESZ1jm

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8 months ago

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1X

@1x_tech

9 months ago

NEO The Home Robot Order Today

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9 months ago

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Joe Pompliano

@JoePompliano

9 months ago

I spent the weekend going through LIV Golf's recent 46-page financial filing — and the details are brutal. • $65 million in 2024 revenue • $527 million in expenses • That’s $8.50 spent for every $1 earned Read more: https://t.co/GJ4VmjCM8D

JoePompliano's tweet photo. I spent the weekend going through LIV Golf's recent 46-page financial filing — and the details are brutal.

• $65 million in 2024 revenue
• $527 million in expenses
• That’s $8.50 spent for every $1 earned

Read more: https://t.co/GJ4VmjCM8D https://t.co/TRyxb8Aox1

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10 months ago

@YankeeReport_ 🙋‍♂️

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10 months ago

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Yuchen Jin

@Yuchenj_UW

10 months ago

How money works: 1. OpenAI signs $300B GPU deal with Oracle 2. Larry gains $100B (no GPUs shipped) 3. Larry invests in OpenAI’s $1T round 4. Sam uses $300B to pay Oracle 5. Oracle stock pumps again 6. Larry makes another $100B 7. Larry invests in OpenAI Flywheel go brrr.

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