Wednesday, November 9, 2022

Sam Bankman-Fried's estimated $15.6B fortune has been eviscerated in days by the demise of FTX and Alameda, dropping to ~$1B, the largest one-day collapse ever (Tom Maloney/Bloomberg)

Tom Maloney / Bloomberg:
Sam Bankman-Fried's estimated $15.6B fortune has been eviscerated in days by the demise of FTX and Alameda, dropping to ~$1B, the largest one-day collapse ever  —  Just weeks ago, Sam Bankman-Fried was considered crypto's version of John Pierpont Morgan, willing to throw around his massive fortune to save the industry.



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A look at "Stanford inside Stanford", where VCs pursue 18- and 19-year-old students, offering mentorship and funding in a bid to convert promise into profit (Theo Baker/The Atlantic)

Theo Baker / The Atlantic : A look at “Stanford inside Stanford”, where VCs pursue 18- and 19-year-old students, offering mentorship and ...