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Sequoia: Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too (sequoiacap.com)
18 points by senttoschool on Nov 9, 2022 | hide | past | favorite | 8 comments



What part of the savior complex conducted him to gamble with his users’ money?


> The B round raised a billion dollars. Soon afterward came the “meme round”: $420.69 million from 69 investors.

Yikes.


so freakin lame, trying so hard to be part of the cool kids since it worked for elon musk, create your own schtick but i guess thats too much to expect from people who just want to get rich quick off crypto and nfts.


Of course, if you want to good for poor people with all of your massive wealth, you need to accumulate it only from the wealthy. Accumulating it from the low-wealth only makes them poorer.

The prose is ridiculous. Smh.


Sequoia invested $400m into FTX in 2021.


Sequoia should know better


It was only 0.25% of their portfolio. One experiment among many for them.


Not the point. Actual lives will be destroyed and they funded it.




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