FTX is interested in being a real business. I think a lot of people the past several years have failed to try to become a real sustainable business, and instead

FTX is interested in being a real business. I think a lot of people the past several years have failed to try to become a real sustainable business, and instead have been pawns in Benchmark's and Tiger Global's schemes to flip companies into the S&P or into a F500 acquisition. CEOs in the former build responsibly. CEOs in the latter build fast to scare the incumbents into an acquisition or co-investment to push the price high enough to get it into the S&P.