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Not sure about Craig Wright (because I don’t even remember hearing the name before), but I would say putting Justin Sun in the same league as actual VCs is disi
by filoleg 3y ago
Not sure about Craig Wright (because I don’t even remember hearing the name before), but I would say putting Justin Sun in the same league as actual VCs is disingenous.
The closest equivalent I can think of would be like saying that all big wig fund managers are basically the same as Bernie Madoff. They might exaggerate and make overly-positive statements that could make them look better, but it is far from being even remotely in the same league as Madoff. And I am not talking about the magnitude (aka quantitative differences), I am talking about actual qualitative differences that matter.
- nullindividual 3y agoLooks like Justin Sun is an upstanding figure of high moral character. [0] No one gets that wealthy without lack of morals and lack of humanity. If you can drop $4m for a dinner or $28m for a flight (and honestly, I don't care if you're going to the Moon at that price), you have no care for your fellow humans who suffer. [0] https://en.wikipedia.org/wiki/Justin_Sun#Pending_Civil_Cases https://en.wikipedia.org/wiki/Justin_Sun#Pending_Civil_Cases
- filoleg 3y agoI think we are in agreement on Justin Sun. My original comment was saying that comparing Justin Sun to an average VC is like comparing Bernie Madoff to an average fund manager. I.e., both Madoff and Sun are massive frauds and scammers that are in no way comparable to an average fund manager or a VC. Otherwise, it would be like claiming that Coinbase is a fraudelent company just like FTX, solely due to the fact that both operated as crypto brokerages.