2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E104: FTX collapse with Coinbase CEO Brian Armstrong + election results, macro update & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Is There a Lot of Governance in Investing?

There seems to be a very heavy lack of governance in Investing given the amount of capital and the velocity of capital in Silicon Valley. A lot of venture firms in Silicon Valley in This period of both not doing any work or diligence who also took the extra step, Actually created classes and would teach teams how to create these tokens Okay, and those artifacts are sometimes on their website They're still on YouTube. And what these folks would do when we talked about this the game that they played was they would create a token. The SEC is really and the DOJ is really gonna take this FTT token issue Seriously, and what happened to FTX?

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