Failed 2022

    Three Arrows Capital

    Concentrated, leveraged bets in volatile markets with borrowed funds create cascading systemic risk.

    Founded → Closed

    2012 → 2022

    Funding Raised

    $0 (hedge fund)

    Industry

    Crypto/Hedge Fund

    Country

    Singapore

    IdeaProof AI Failure Score

    78/100
    Market Fit RiskBurn Rate RiskFounder Risk
    Market Fit Risk
    55
    Burn Rate Risk
    50
    Founder Risk
    85

    Full Analysis

    Three Arrows Capital (3AC) was a crypto hedge fund managing over $10B at its peak. When Terra collapsed, 3AC couldn't meet margin calls and defaulted on $3.5B in loans from multiple lenders. The 3AC collapse triggered a cascade of failures across the crypto lending industry.

    Could This Failure Have Been Prevented?

    IdeaProof's AI validates market demand, competitive positioning, and business model viability in minutes — catching the exact issues that sank Three Arrows Capital.