And Michael Bloomberg is a billionaire because his company sells information to companies just a few seconds faster than they can get it anywhere else. The cost of the information creates scarcity and the scarcity creates value.

The initial general wariness of crypto money made it a bit trickier than it otherwise would have been to buy the naming rights for a professional sports arena. FTX tried and failed to sponsor the stadiums used by the Kansas City Chiefs and the New Orleans Saints. And so when someone from the Miami Heat reached out to them to suggest that FTX buy th

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On top of all this, Ross Levinsohn, a former Arena executive, recently filed a suit detailing Bhargava’s thirst for taking over the company. The suit broadly claims that Bhargava used a minority holding in Arena to take over the company and, by extension, SI as part of a plot to consolidate his media holdings and secure free advertising for his bus... See more