This piece will forever be on their site, however: [0]. [0] - https://www.sequoiacap.com/article/sam-bankman-fried-spotlig...
>I open with a doozy: “Am I,” I ask, “talking to the world’s first trillionaire?”
wow this is shameless lol
Sequoia has marked its investment in FTX down to $0
11–20 of 55 posts
Re: Sequoia has marked its investment in FTX down to $0
#12So much FUD around this event. FTX is fine, they have a stadium and other high profile sponsorships.
That is too much copium.
Re: Sequoia has marked its investment in FTX down to $0
#13So much FUD around this event. FTX is fine, they have a stadium and other high profile sponsorships.
The Kroenke's will back FSB just like they backed Arteta, FTX will be top of the table this time next year remind me one year
Re: Sequoia has marked its investment in FTX down to $0
#14Given Sam Bankman-Fried's relation to effective altruism, it's also interesting to read how the EA community is responding to this. For example:
https://forum.effectivealtruism.org/posts/tdLRvYHpfYjimwhyL/...
https://forum.effectivealtruism.org/posts/yjGye7Q2jRG3jNfi2/...
Re: Sequoia has marked its investment in FTX down to $0
#15This piece will forever be on their site, however: [0]. [0] - https://www.sequoiacap.com/article/sam-bankman-fried-spotlig...
> Professor Bankman-Fried is my tutor. He’s as good at explaining the principles of macroeconomics as anyone out there in the world today—and I know this for a fact because I’ve subsequently watched YouTube’s best on the same subject. But SBF teaches me Macro while simultaneously playing round after round of Storybook Brawl.
This stuff is beyond parody. Dude's getting interviewed for a nauseatingly butt-kissing puff piece, and he can't tear himself away from a game targeted at literal children. (He bought the developers and proceeded to cram NFTs into it.)
Re: Sequoia has marked its investment in FTX down to $0
#16I actually talked to Sam for a bit in the "early days" and he always seemed like an OK guy. Approachable and "honest" which makes this all the worse... I kept asking "why start an exchange when you're killing it with Alameda?" and his response seemed to consistently be about wanting to make a better product and legitimize crypto... ugh, don't even know what to think now... if that was all a front.
It's really odd to think because its always "some guy in the news" that gets bad press and demonized (not unjustly), never really someone you "know of." (prob a lot of ppl w/that experience hanging around HN tho, lol)
It's just weird feelings but mostly just "wtf man."
Re: Sequoia has marked its investment in FTX down to $0
#17Given Sam Bankman-Fried's relation to effective altruism, it's also interesting to read how the EA community is responding to this. For example: https://forum.effectivealtruism.org/posts/tdLRvYHpfYjimwhyL/... https://forum.effectivealtruism.org/posts/yjGye7Q2jRG3jNfi2/...
Eh, taking venture capital and donating it all to random strangers is pretty altruistic in my book.
Re: Sequoia has marked its investment in FTX down to $0
#18This piece will forever be on their site, however: [0]. [0] - https://www.sequoiacap.com/article/sam-bankman-fried-spotlig...
> Professor Bankman-Fried is my tutor. He’s as good at explaining the principles of macroeconomics as anyone out there in the world today—and I know this for a fact because I’ve subsequently watched YouTube’s best on the same subject. But SBF teaches me Macro while simultaneously playing round after round of Storybook Brawl. This stuff is beyond parody. Dude's getting interviewed for a nauseatingly butt-kissing puff…
Also, this
>I know this for a fact because I’ve subsequently watched YouTube’s best on the same subject
should never be said about any subject, unless it's being said ironically.
Re: Sequoia has marked its investment in FTX down to $0
#19So much FUD around this event. FTX is fine, they have a stadium and other high profile sponsorships.
"They've spent too much money to be out of money" is a really weird read of how money works.
Re: Sequoia has marked its investment in FTX down to $0
#20Given Sam Bankman-Fried's relation to effective altruism, it's also interesting to read how the EA community is responding to this. For example: https://forum.effectivealtruism.org/posts/tdLRvYHpfYjimwhyL/... https://forum.effectivealtruism.org/posts/yjGye7Q2jRG3jNfi2/...
Eh, taking venture capital and donating it all to random strangers is pretty altruistic in my book.
He took even more user funds and did the same.