2min chapter

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

E106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

He Rug Pulled CZ

The media failed, the regulators failed and VCs failed. Capital allocators failed to do diligence here and install proper governance. You cannot put a company like this in business with billions of dollars and have no board of directors or he lied to them. My point is that while regulators are fighting a territorial turf war, the media could have still done their job. They chose not to.

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