31–40 of 88 posts
The Silk Road assets are likely up 10x or more:
https://www.coindesk.com/tim-draper-revealed-silk-road-bitco...
If Draper has lost on Bitcoin, it would mean he's done an abysmal job of investing in cryptocurrency since the government auction.
John Carreyrou's book is coming out end of May. Already pre-ordered. Can't wait.
> “Why is [Theranos] worthless? It’s worthless because this writer was like a badger going after her, like a hyena going after her, and then it became a bigger and bigger thing,” he said. “She got bullied into submission,” Draper explained, adding that if it weren’t for Carreyrou and other opponents, Theranos “could have been one of these big, huge winners.” And we would've gotten away with it too, if it weren't for…
These priorities are relatively easy to see when it comes to techno-weirdos like Tim Draper and Peter Thiel or cartoonish megalomaniacs like Bezos, but they govern the behavior of even otherwise staid and conventional oligarchs (see, for instance, Eric Schmidt strong-arming the New America Foundation to fire everyone involved in antitrust policy research).
> “Why is [Theranos] worthless? It’s worthless because this writer was like a badger going after her, like a hyena going after her, and then it became a bigger and bigger thing,” he said. “She got bullied into submission,” Draper explained, adding that if it weren’t for Carreyrou and other opponents, Theranos “could have been one of these big, huge winners.” And we would've gotten away with it too, if it weren't for…
It's worth keeping in mind that, by and large, this is how the oligarch class thinks. Their top priorities are protecting and justifying their wealth and power. A journalist who exposes a massive fraud and probably saved lives isn't someone performing a public service - he's an enemy . There is no mea culpa. The relationship between the oligarch's own interests and the public interest is purely predatory and adversar…
The Drapers are weird. I guess the family has been rich for a long time and they've made a lot of investments, but I don't really see a clear track record of being particularly good at picking winners. I was at a Bitcoin trade show a few years ago and his son was there pumping his Bitcoin specific venture fund. Quite honestly, he struck me as an enormous asshole. He was on a few panels with people who actually knew h…
According to the BBC, Russia has been funding and promoting the California secessionists, among other similar movements. See: http://www.bbc.com/news/blogs-trending-41853131 Edit: This is a direct explanation of why "just 'cause" is misleading or incomplete, based on public information from mainstream media.
Can’t blame him for trying. It puts a seed of an alternate story into our minds. How do other streams of “alternative facts” get started? And many people want to believe that Big Medicine is keeping breakthroughs from us.
I can. I can definitely blame people for being amoral unless they have some brain damage/dysfunction whereby they don't know the difference.
Earlier quoted context omitted.
It's worth keeping in mind that, by and large, this is how the oligarch class thinks. Their top priorities are protecting and justifying their wealth and power. A journalist who exposes a massive fraud and probably saved lives isn't someone performing a public service - he's an enemy . There is no mea culpa. The relationship between the oligarch's own interests and the public interest is purely predatory and adversar…
I like the way you think. Are there any books you recommend on understanding how oligarchs think? What do you think is going through the mind of oligarchs with more geopolitical concerns, like Putin?
https://www.amazon.com/Oligarchy-Jeffrey-Winters/dp/05211829...