Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

web.archive.org

Post reply on HN
Print view View original

31–40 of 104 posts

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#31

Post by PhasmaFelis »

650 wrote: post #3

>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 has the same vibe as NFT guys who have clearly never played video games thinking that moving items between games is a killer app.

Except that these are professional financiers. I don't get it.

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#32

Post by willmadden »

filoleg wrote: post #28
willmadden wrote: post #19

Earlier quoted context omitted.

Alright I’ll delete my rant. I thought it was after the news broke. Admittedly I only made it through a quick scan before becoming enraged.

Please, don't delete it. Even though you ended up ranting against a wrong piece of news (in terms of the timeline of events), your thoughts and takes on it were still interesting enough to ponder. And you admitted the mistake in a reply too, so people can easily see it.

Too late. I don't need frivolous defamation lawsuits at this point anyway.

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#33

Post by hotpotamus »

s28l wrote: post #24
colpabar wrote: post #15

Related: SBF is still scheduled to speak at a NYT sponsored event. The media sure likes this guy for some reason! https://www.nytimes.com/events/dealbook-summit#speakers

Against better judgement (and advice of counsel, presumably), this guy is still running his mouth to the media. If you had a disgraced former crypto CEO who was still willing to speak at your finance conference, wouldn't you keep him on the docket? I certainly would.

Matt Levine says he's a fan, and that makes sense to me - Levine was pretty well respected as a journalist before he interviewed Fried, but it probably gave him a huge bump in interest when he did and even more now.

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#34

Post by boeingUH60 »

ModernMech wrote: post #29
memish wrote: post #16

Earlier quoted context omitted.

See here's the problem. Getting distracted by the "spaceman bad" programming, while being robbed blind by media darlings like SBF. An actual fraud.

Musk is an actual fraud: https://twitter.com/capitolhunters/status/159330754193247436... Elon Musk has lied for 27 years about his credentials. He does not have a BS in Physics, or any technical field. Did not get into a PhD program. Dropped out in 1995 & was illegal. Later, investors quietly arranged a diploma - but not in science. Note: You may have to refresh a couple times, because as Twitter slowly collapses und…

I've seen this before and find it hard to believe because if Musk is proven to have truly faked his degree...I expect every big news outlet to be having a field day with the story, but this Twitter post appears to be only source of allegation at this point.

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#35

Post by largepeepee »

willmadden wrote: post #19
s28l wrote: post #18

Earlier quoted context omitted.

> No, just no. Why is the MSM putting out constant puff pieces about this guy? Just to be clear, this is the archive of a puff piece published on the Sequoia Capital website: they were talking up their book. They took it down when they wrote their investment in FTX down to $0 (from over $200mm). It was neither published recently nor by a MSM outlet.

Alright I’ll delete my rant. I thought it was after the news broke. Admittedly I only made it through a quick scan before becoming enraged.

It's fair to be mad.

There are hundreds of puffs pieces praising him in the MSM all the way till the day of the collapse, most of them VERY recently.

They are trying to shift blame and cover their butts.

The pivot now seems to be blaming CZ(the lazy China angle) for everything despite the obvious cause being the low effort diligence done by SV VCs and MSM themselves for recommending so many people into his trap.

Worst was how little oversight there was, Bankman Fried purposely deleted records and didn't hire anyone internally for simple tasks like accounting.

No surprise why, he was writing himself personal loans of billions while trying to bribe his way out of trouble both overseas and in the US.

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#37

Post by rjsw »

ModernMech wrote: post #29
memish wrote: post #16

Earlier quoted context omitted.

See here's the problem. Getting distracted by the "spaceman bad" programming, while being robbed blind by media darlings like SBF. An actual fraud.

Musk is an actual fraud: https://twitter.com/capitolhunters/status/159330754193247436... Elon Musk has lied for 27 years about his credentials. He does not have a BS in Physics, or any technical field. Did not get into a PhD program. Dropped out in 1995 & was illegal. Later, investors quietly arranged a diploma - but not in science. Note: You may have to refresh a couple times, because as Twitter slowly collapses und…

An article that describes the Twitter thread here [1].

[1] https://www.dailykos.com/stories/2022/11/17/2136976/-Blockbu...

Re: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too

#38

Post by schintan »

hotpotamus wrote: post #33
s28l wrote: post #24

Earlier quoted context omitted.

Against better judgement (and advice of counsel, presumably), this guy is still running his mouth to the media. If you had a disgraced former crypto CEO who was still willing to speak at your finance conference, wouldn't you keep him on the docket? I certainly would.

Matt Levine says he's a fan, and that makes sense to me - Levine was pretty well respected as a journalist before he interviewed Fried, but it probably gave him a huge bump in interest when he did and even more now.

Matt Levine said he 'liked' him, liking someone is very different than being a fan.
Post reply on HN