That Was The Week

Bank Man Fried

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This week saw FTX shrink from $32 billion of value to zero in less than 48 hours. @TheInformation is doing great reporting. It seems the ill-named founder @SBF_FTX - Sam Bankman-Fried - invested hundreds of millions into Sequoia and other funds. The @SECGov failure to provide a regulatory framework for Crypto seems even more silly. But @DavidKirkpatric and @LHSummers provide a thoughtful distraction from the noise.


Contents

Editorial: I Vote For Change

Essays of the Week: The end of the Internet?

  • In Our Own Best Interests - Techonomy - David Kirkpatrick
  • Larry Summers Compares the Surge of Pain in Tech to the Dot-Com Bubble

    • The Big FTX Collapse

    • Sam Bankman-Fried’s Late-Night Move and How the FTX House Crumbled
    • FTX’s $2 Billion Startup Fund Ensnared in Collapse
    • FTX’s Bankman-Fried Quietly Invested More than $500 Million in Sequoia and Other VCs — The Information
    • Binance walks away from FTX deal, citing ‘mishandled customer funds,’ regulatory scrutiny

      • Substack

      • Introducing Mentions and Cross-Posts
      • The Substack Bestseller Badge

        • Zoom Zooms

        • Zoom is coming for Microsoft’s territory with email and calendar services
        • Tesla vehicles will soon have Zoom video conferencing

          • This Week in Twitter

          • Musk Warns Twitter May Lose Billions Next Year
          • Musk ends remote work at Twitter
          • Elon Musk sells Tesla shares worth $4bn

            • News of the Week

            • Meet The New Unicorns Minted In October 2022
            • Tiger Global Slashes Value of Private Tech Bets by Billions, Documents Show
            • VC firm Molten Ventures cuts portfolio value after tech sell-off
            • Changing times (or, why is every layoff 10-15%?
            • Stripe will lay off 14% of its employees

              • Startup of the Week

              • The Internet

                • Tweet of the Week

                • Sam Bankman-Fried
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                  That Was The WeekBy Keith Teare
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