3min chapter

Good Game cover image

Sam Bankman-Fried Fraud and FTX collapse | EP 7

Good Game

CHAPTER

What's the Biggest Problem in Micro Strategy?

The biggest problem that I see in our industry is this whole eight first culture. If you don't commit within 24 hours of an opportunity for a startup, they would just Move on to another investor that would commit first right. It's not a reputational damage, like as much as FTX has done to our industry. The main problem with is the fraud is the reputationaldamage. And so that put a lot of pressure on us to commit, but, you know, thankfully we Focus on our diligence.

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