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If Books Could Kill
"Going Infinite": Michael Lewis Takes On Sam Bankman-Fried
May 2, 2024
Bestselling author Michael Lewis explores the rise and fall of Sam Bankman-Fried, delving into his unconventional genius, eccentric traits, intelligence, literature interests, predictive analytics, lavish spending, therapy dynamics, and the downfall of FTX, revealing financial troubles and the impact on the cryptocurrency market.
01:15:44
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Quick takeaways
- Sam Bankman-Fried focused on growing FTX through heavy US market investments and regulatory compliance.
- Bankman-Fried's successful investor pitches stem from his blunt communication style and disinterest in building relationships.
Deep dives
Creation of FTX and Growth Strategy
Sam Bankman Freed's establishment of FTX, a cryptocurrency exchange platform, funded through investment and cryptocurrency issuance, aiming to grow by becoming the most regulated and law-abiding exchange, targeting US expansion and investing heavily in PR and marketing.
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