View: https://youtu.be/uGZrZq6z-Ig?t=312
this raised alarm bells for me
WHY THE FUCK WERE VENTURE CAPITALISTS GIVING BANKMAN FRIED BILLIONS IN CAPITAL FOR THESE LOON AQUISITIONS IT MAKES NO FINANCIAL SENSE FROM THEIR ANGLE. VENTURE CAPIITALBY DEFINITION WANTS A RETURN A BIG RETURN ON THEIR MONEY EG 5-10X WITH THE LEAST POSSIBLE RISK, THE RISK OF INVESTING IN CRYPTO IS FUCKING IN THE MOON.
This just screams of another elite just playing with money, NO ONE ELSE CAN GET VENTURE CAPITALISTS TO INVEST BILLIONS IN THEIR COMPANY WITH ABSOLUTELY FULL ALL BUSINESS PLANS, APART FROM HERRRR DERRRR I WILL PROP UP FAILING CRYPTO BUSINESSES (WHEN 80% ARE KNOWN FRAUDSTERS).
Bankman fried was not smart its just another example of an uber connected clown playing with money and doing hair brained projects at a low iq level.