Dwarkesh Podcast

Brett Harrison - FTX US Former President & HFT Veteran Speaks Out


Listen Later

I flew out to Chicago to interview Brett Harrison, who is the former President of FTX US President and founder of Architect.

In his first longform interview since the fall of FTX, he speak in great detail about his entire tenure there and about SBF’s dysfunctional leadership. He talks about how the inner circle of Gary Wang, Nishad Singh, and SBF mismanaged the company, controlled the codebase, got distracted by media, and even threatened him for his letter of resignation.

In what was my favorite part of the interview, we also discuss his insights about the financial system from his decades of experience in the world's largest HFT firms.

And we talk about Brett's new startup, Architect, as well as the general state of crypto post-FTX.

Watch on YouTube. Listen on Apple PodcastsSpotify, or any other podcast platform. Read the full transcript here. Follow me on Twitter for updates on future episodes.

Timestamps

(0:00:00) - Passive investing & HFT hacks

(0:08:30) - Is Finance Zero-Sum?

(0:18:38) - Interstellar Markets & Periodic Auctions

(0:23:10) - Hiring & Programming at Jane Street

(0:32:09) - Quant Culture

(0:42:10) - FTX - Meeting Sam, Joining FTX US

(0:58:20) - FTX - Accomplishments, Beginnings of Trouble

(1:08:11) - FTX - SBF's Dysfunctional Leadership

(1:26:53) - FTX - Alameda

(1:33:50) - FTX - Leaving FTX, SBF"s Threats

(1:45:45) - FTX - Collapse

(1:53:10) - FTX - Lessons

(2:04:34) - FTX - Regulators, & FTX Mafia

(2:15:42) - Architect.xyz

(2:30:10) - Institutional Interest & Uses of Crypto



Get full access to Dwarkesh Podcast at www.dwarkesh.com/subscribe
...more
View all episodesView all episodes
Download on the App Store

Dwarkesh PodcastBy Dwarkesh Patel

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

262 ratings


More shows like Dwarkesh Podcast

View all
a16z Podcast by Andreessen Horowitz

a16z Podcast

1,009 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

527 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,361 Listeners

ManifoldOne by Steve Hsu

ManifoldOne

86 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,385 Listeners

Machine Learning Street Talk (MLST) by Machine Learning Street Talk (MLST)

Machine Learning Street Talk (MLST)

92 Listeners

The Logan Bartlett Show by by Redpoint Ventures

The Logan Bartlett Show

189 Listeners

"Moment of Zen" by Erik Torenberg, Dan Romero, Antonio Garcia Martinez

"Moment of Zen"

91 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

106 Listeners

Latent Space: The AI Engineer Podcast by swyx + Alessio

Latent Space: The AI Engineer Podcast

70 Listeners

"Upstream" with Erik Torenberg by Erik Torenberg

"Upstream" with Erik Torenberg

68 Listeners

"Econ 102" with Noah Smith and Erik Torenberg by Turpentine

"Econ 102" with Noah Smith and Erik Torenberg

136 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

424 Listeners

Training Data by Sequoia Capital

Training Data

31 Listeners

Complex Systems with Patrick McKenzie (patio11) by Patrick McKenzie

Complex Systems with Patrick McKenzie (patio11)

103 Listeners