Arbinate raised about 350 million when public was the best, a po of two thousand and four. So we did better than google. And then what happened arbinet? Then the people with the white hair or no hair decided that i was a one hit wonder. They needed to replace me with adult people with a lot of experience. Adult supervision is fine when you bring other people to supervise you, but when they replace you and they have no fresh ideas, you know, you can't do it. The company was already ten years old, and usually you need a new product every five years. So te they had nothing. They had no innovation. By a basic 20 11
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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