This Week in Startups

FTX fallout: Sequoia's LP letter, SBF's crisis comms + Lon Harris on Andor, $DIS earnings | E1609

7 snips
Nov 11, 2022
Lon Harris, a pop culture analyst and host, joins to discuss the genius of the Star Wars series Andor, praising its fresh storytelling and rich character development. He also breaks down Disney's latest financial performance, highlighting subscriber growth and innovative strategies for integration. The conversation wraps up with insights into Netflix's intriguing move into live sports, showcasing how streaming services are evolving to meet new demands in entertainment.
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ANECDOTE

Recent SBF Interview

  • Jason Calacanis recently interviewed Sam Bankman-Fried.
  • He didn't sense any imminent collapse during the conversation about regulation.
INSIGHT

SBF's Apology and Explanation

  • Sam Bankman-Fried's apology and explanations raise concerns.
  • His claim of "poor internal labeling" for the FTX collapse seems inadequate.
ANECDOTE

Risky Investments

  • Alameda Research reportedly borrowed $10 billion in customer deposits from FTX.
  • SBF admitted to risky investment strategies, including yield farming, which he previously likened to a Ponzi scheme.
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