Television

5424 readers

1 users here now

Redirected - Please see !showsandmovies@lemm.ee

founded 2 years ago

MODERATORS

Skavau@lemmy.world

357

Netflix Gave An Unproven Director $55 Million For A Sci-Fi Series, And He Blew It On Rolls-Royces, Crypto, And Dodgy Stock Bets (jalopnik.com)

submitted 2 years ago by ElfWord@lemmy.world to c/television@lemmy.world

41 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Touching_Grass@lemmy.world 65 points 2 years ago (1 children)

When Netflix acquiesced and wired the money, Rinsch sent most of it directly to his personal Charles Schwab account, and made big bets on biotech firm Gilead Sciences, and on shorting the S&P 500 index. In just a few weeks he’d lost $5.9 million. Cutting his losses, Rinsch pulled $4 million from his Schwab account and put it directly into Dogecoin. Wow, such invest.

Hahaha they gave $millions to a guy from r/wallstreetbets

[–] 50MYT@aussie.zone 5 points 2 years ago (1 children)

He turned the $4m doge into like $17m didn't he?

[–] PoliticalAgitator@lemm.ee 13 points 2 years ago

I don't know, but that would mean he was luckier, not less stupid.