>Bailhe remembers it the same way: “We had a great meeting with Sam, but the last question, which I remember Alfred asking, was, ‘So, everything you’re building is great, but what is your long-term vision for FTX?’” >That’s when SBF told Sequoia about the so-called super-app: “I want FTX to be a place where you can do anything you want with your next dollar. You can buy bitcoin. You can send money in whatever currenc…
This whole saga, together with the Twitter and Meta shitshows have been exposing the Emperor for wearing no clothes. Turns out the rich and powerful of Silicon Valley aren't super smart and wise folks to be looked up to. They're just regular people, a lot of them ignorant, that got lucky. Enough with the pedestals.
That sequence of events is basically the magic formula.