This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. God told them to sell crypto. Their investors lost everything. When Eli Regalado first heard God speak to him, he wondered whether he was hallucinating. According to Eli and his wife,…
Firefly is heading into the initial public offering with $176.9 million in cash and cash equivalents. And while it has incurred negative cash flows and losses from operations, Firefly projected that its cash is adequate to meet its liquidity needs for at least 12 months.