Equity Ego-ish: how tech's main characters are all a bit different
Dec 7, 2022
This week’s discussion dives deep into the egos of tech giants like Sam Bankman-Fried and Elizabeth Holmes. The hosts explore how these figures share a cult of personality and centralized ownership yet have distinct paths. They analyze media influences on public perception and the ethical dilemmas that come with it. The conversation also contrasts the company trajectories of FTX and Theranos while addressing the need for accountability and transparency in the tech world. Ultimately, they urge emerging founders to learn from the ambitious and tumultuous stories of these tech leaders.
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Podcast Focus
- This Equity podcast episode discusses ego in tech, focusing on figures like SBF and Elizabeth Holmes.
- The hosts, Natasha Mascarenas and Alex Wilhelm, aim to unpack the nuances behind recent headlines.
Similarities between SBF and Holmes
- SBF and Elizabeth Holmes share similarities like cult of personality and centralized control.
- Both lacked transparency regarding finances and business operations.
History Repeats Itself
- Alex references "Devil Take the Hindmost," a book about financial bubbles throughout history.
- He highlights the recurring nature of these events, suggesting humans don't learn from financial history.