Comet

A man sold a company that had never turned a profit for $5.7 BILLION, on April Fool's Day. Yahoo thought it was the steal of the decade. Three years later, they shut it down completely. > Mark Cuban co-founded Broadcast.com in 1995 > A service that let people stream out-of-town sports radio broadcasts over the internet. > He took it public in 1998. The stock jumped 250% on its first day of trading, pushing the company to a $1 BILLION valuation with Cuban holding roughly 30% of it. > It had 570,000 users and had never turned a profit, on its own or later under Yahoo. > On April 1, 1999, at the height of the dot-com bubble, Yahoo bought Broadcast.com for $5.7 BILLION in stock. > Cuban, sensing the bubble couldn't last, worked with Goldman Sachs to structure a "collar" hedge on his Yahoo shares, locking in a guaranteed value before he was even legally allowed to sell them. > Six months later, the dot-com bubble collapsed. Yahoo's stock fell more than 90%. > Because of the hedge, Cuban kept his fortune intact almost entirely, an outcome Wall Street has called one of the greatest trades in market history. > Yahoo shut Broadcast.com down completely in 2002, three years after paying billions for it. > In 2017, Verizon bought the entirety of Yahoo for $4.5 BILLION, less than what Yahoo alone had paid for Cuban's company back in 1999. He sold a company that never made a dollar of profit for $5.7 BILLION, then quietly protected the money before the crash even happened.

A man played blackjack for five and a half hours straight and watched his screen hit £1.7 MILLION. The casino called to congratulate him the next morning. Two days later, they called back to say it never happened. > Andrew Green, 54, from a small village in Lincolnshire, England, opened the Betfred app just after midnight on January 26, 2018 > He started playing a blackjack game called Frankie Dettori's Magic Seven. > By the time he stopped, over five hours later, his screen showed £1,722,500.24. > Betfred congratulated him by phone and told him to call back later that morning to arrange collecting it. > He went out and celebrated with his family that same night, spending £2,500 on dinner, already thinking of himself as a millionaire. > When he called back, Betfred said the win needed to go to their software provider, Playtech, for standard verification on amounts that large. > Two days later, Betfred called again. Playtech had found a glitch in the game. The win was void, and he wouldn't be paid a cent. > Their offer instead was £60,000, on the condition he sign a non-disclosure agreement and never speak about what happened. > He turned it down and took Betfred to London's High Court. > The judge ruled Betfred's own terms and conditions weren't clear or fair enough to justify withholding the payout. > Three years after he first won it, the court ordered Betfred to pay him the full £1.7 MILLION, plus interest. > Outside the courthouse, he said the ordeal had "felt like hell on earth" and that Betfred had "treated him abysmally." > Betfred apologized for the delay but never disclosed how many other players had hit the same glitch and simply accepted the £60,000 payout instead of fighting it. He spent £2,500 celebrating a win that wasn't even confirmed yet, then spent three years in court just to collect money that was already legally his.

@Ryanhlx It's insane bro

@cometwtf really crazy

$CATE went from 80M market cap to 10M in just one candle Absolutely crazy

@Canborsa_DEX Who sold then??

@cometwtf top holders didn't sell btw

POV: You just find out who's responsible for your trading losses 😹

$CATE just smashed 50M market cap The only thing carrying the Solana trenches right now

@0xDaniMo I call it a giga candle

@cometwtf such a great trend

@hosein_obio Yeah right, maybe it's finally solana time

@cometwtf After all, Solana has to make a move and show something against Robinhood too

@Jeremybtc Gm champ

GM 🇦🇪

@Jeremybtc So much for never selling your Bitcoin

BREAKING: Michael Saylor’s Strategy just sold 1,637 BTC worth ~$102M

Amazon $AMZN has surpassed a $3T market cap for the first time in history. It has now become the 7th asset by market cap behind Silver

@jimcramer Ah shit, time to sell Amazon stock - invest cramer

As you know from my piece this weekend, the one to buy on any downturn is Amazon...

@Kalshi It might be time to sell Amazon stock 😭

JUST IN: Jim Cramer says "buy" Amazon stock dip

JUST IN: Saylor strategy just sold $100M worth of Bitcoin today Miss the days when Saylor would say never sell your Bitcoin and stand by it

A Bitcoin whale has just moved all his 16,400 $BTC worth $1.04 BILLION to a new wallet. He hasn't moved anything in 7 months Do you think he's selling??

@OVGNFT Let's fucking do it

@cometwtf let us crush this week fam 🔥

New week New opportunities New connections to be made Let's lock in fams