Something Ventured -- Silicon Valley Podcast cover image

Coindesk’s David Z. Morris: The Wild Story of FTX and its CEO, Sam Bankman-Fried

Something Ventured -- Silicon Valley Podcast

CHAPTER

VC and Crypto

There's been a lot of criticism of the venture funds, which I'm not. But diligence doesn't really uncover fraud, necessarily. It seems like it was known to the venture capitalists that he was some 20, some odd guy who'd never run anything. The big fraud was saying, we're going to create this money out of nothing.

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