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You surely realize that in the US or Canadian tech cultures, Steven Cohen is only slightly better than being backed by a billionaire Russian oligarch. Cohen is
by adventured 4y ago
You surely realize that in the US or Canadian tech cultures, Steven Cohen is only slightly better than being backed by a billionaire Russian oligarch. Cohen is certainly extraordinarily rich and well connected, his reputation isn't going to be positive for techies generally however. That is to say, tech workers are far more likely to be turned off by your pointing that investor out than the other way around (but hey, maybe it does some screening re potential applicants).
- seibelj 4y agoTo work in crypto at a sophisticated firm like Coinbase, Gemini, Circle (my former company) or my own co, it would be a given you believe in markets and the experimental nature of digital assets given… that is the whole reason to work here! I am a libertarian, free thinker, capitalist, etc. which is the standard profile in this industry. I have recruited engineers out of Amazon and Google who said they needed a change of pace from the “moralizing” (use your own judgement). It is a very open discussion, open inquiry industry. So if working for a Cohen company is against your morals, easy to ignore. If that doesn’t bother you, then you passed the first question! Steve is a genius - but not everyone likes Wall Street.
- retcore 4y agoSounds like, "Move fast and break ,[habitually other people's] piggy banks." SAC is totemic in a industry founded by other people's money and the carry without any equivalent downside. Speaking as a former prop trader, of cutting edge products including those I've designed as principal, when you're touching the wider economy a entirely different set of rules either applies or someone's gotta be responsible. I don't believe that anyone's understood what "the buck stops here" means for two generations.