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Will Manifold be able to repurchase our shares from Alameda?
Basic
27
Ṁ9982027
27%
chance
1D
1W
1M
ALL
When we raised our seed round, FTX/Alameda was our largest investor, through the FTX Future Fund regranting program (see: https://manifoldmarkets.notion.site/Manifold-Finances-0f9a14a16afe4375b67e21471ce456b0). Now that they're undergoing bankruptcy proceedings, will it be possible for us to repurchase our own stock?
Specifically, they bought two SAFEs: 250k @10M postmoney, and 750k @ 15M post money; totaling 7.5% of the company if we are valued at 15m or more.
This market resolves YES if Manifold buy back the shares; NO if someone else purchases them or the shares have not been moved in about 5 years.
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