> What Sequoia was reacting to was the scale of SBF’s vision. It wasn’t a story about how we might use fintech in the future, or crypto, or a new kind of bank.

> What Sequoia was reacting to was the scale of SBF’s vision. It wasn’t a story about how we might use fintech in the future, or crypto, or a new kind of bank. It was a vision about the future of money itself—with a total addressable market of every person on the entire planet. But like, it’s not even a story about how he might accomplish that goal. It’s literally just saying “my vision is to facilitate every financial transaction in the world.” You’d think it would take more than that to impress those partners.