"I did not know there was a thing called department of transportation, d o t. And this is a hazardous real you cant just ship it to the united states," he says. "You know what? Im in to fine 20 million dollars worth of sodium synide with my facts machine from my mattress." 'i didn't have enough money to go and meet these people,' she adds. "'The only money i had was barely to pay my rent' - that's how I ended up being able to do things like get $20m for chemicals without ever travelling outside of new york'"
The Sunday Times’ tech correspondent Danny Fortson brings on Alex Mashinsky, founder of Celsius, to talk about creating a crypto fund manager (3:25), managing risk (8:40), growing up in Israel (11:50), buying a one-way ticket to New York (14:10), his first startup (16:10), launching a voice-over-IP company (22:50), getting kicked out of his own company (27:50), trying to build Uber before Uber (30:10), putting wifi in the New York subway (34:10), getting into crypto (37:10), getting rejected by 200 venture capitalists (42:15), going from zero to $24 billion in assets under management (44:00), “centralised finance” (48:35), why he put $300 million of his own cash into Celsius (50:25), the future of crypto (55:05), and Web 3 and the fight for the future of money (1:02:40).
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