3 ms·
I know a few MIT grads and they're plenty smart but nobody is calling them geniuses and throwing billions of VC at them, so I'm wondering what was different abo
by JohnBooty 3y ago
I know a few MIT grads and they're plenty smart but nobody is calling them geniuses and throwing billions of VC at them, so I'm wondering what was different about SBF.
He had a pedigree, I guess, and made some... money doing the arbitage thing. But also a lot of people do that? There seems to be no real intrinsic reason why this guy would be seen as a star.
I guess it was just kind of a "right guy right place right time thing" thing.
- scrubs 3y agoTotally agree. The ferocity of hustling and always be selling on the one hand and dually the reflexive need to hyperbolically market or brand someone as exceptional category X with the implication the bestower also has brilliant insight is gotten stupid. When the currency becomes BS you can bet tomorrow can only bring hyper BS. I'm reminded of the Johnny Carson line after dealing with crazy entertainment types: I'd give my bottom dollar for a regular person right now.
- Breza 3y agoI'm still reading the fawning biography Going Infinite, and even Michael Lewis thinks there was a lot of "right guy right place right time" involved. Heck, even SBF thought so. Lewis' origin story is that SBF noticed how efficient Jane Street was and how inefficient crypto markets were and assumed that somebody would inevitably bring greater efficiency to crypto, so he thought, "Hey, why can't that somebody be me!?"