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Sequoia: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too
- VagueMag 4y ago> The B round raised a billion dollars. Soon afterward came the “meme round”: $420.69 million from 69 investors. Yikes.
- strikelaserclaw 4y agoso freakin lame, trying so hard to be part of the cool kids since it worked for elon musk, create your own schtick but i guess thats too much to expect from people who just want to get rich quick off crypto and nfts.
- senttoschool 4y agoSequoia invested $400m into FTX in 2021.
- DevKoala 4y agoWhat part of the savior complex conducted him to gamble with his users’ money?
- sn0w_crash 4y agoSequoia should know better
- whiplash451 4y agoIt was only 0.25% of their portfolio. One experiment among many for them.
- nwsm 4y agoNot the point. Actual lives will be destroyed and they funded it.
- quantified 4y agoOf course, if you want to good for poor people with all of your massive wealth, you need to accumulate it only from the wealthy. Accumulating it from the low-wealth only makes them poorer. The prose is ridiculous. Smh.