2min chapter

Behind the Bastards cover image

The Sam Bankman-Fried Update

Behind the Bastards

CHAPTER

Sam Bankman Fried and the EA Movement

In the early days, Sam's pitch was that 50% of the company profits would be donated to EA causes. The initial round of investing that got the company off the ground was funded entirely by rich EA types. Within months, the good karma of the venture dissipated in a series of internal clashes. Three former Alameda employees told time he had inappropriate romantic relationships with his subordinates.

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