4 ms·

What exactly is the context here? He’s calling his (former?) customers/litigants idiots and morons? I must be misreading the framing here…

• reducesuffering 2y ago
  He's calling a specific customer an idiot and moron. Someone who's funds are probably locked up right now posted an interview that the Synapse founder did, saying that doing podcasts "in the middle of the lunacy" is absolutely insane. Founder replies "this was BEFORE the deal fell apart, you are such an absolute idiot" to that... Although, that customer is right it's insane to be going on podcasts and Greek weddings when you have thousands of customers out millions of $... Then in the podcast, this founder doesn't even take any responsibility! He's saying it's some investors fault! That he had a $100m term sheet, where he was going to use investor capital to buy a bank charter and that's how his company was going to work. (nvm that it's purely self-interested, you have a $0 company right now, but you'd sure like 20% of a $200m company with $100m in the bank instead) Like, you already burned $50m of investors money with nothing but peoples frozen accounts to show for it, and you're surprised when they don't want to throw another $100m?