This Week in Startups The Trial of SBF: A deep dive with Inner City Press's Matthew Russell Lee | E1833
This Week in Startups is brought to you by…
Squarespace. Turn your idea into a new website! Go to https://Squarespace.com/twist for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.
Catalog. Stop wasting time and money with expensive design firms and unreliable freelancers! Get fast, 3-day turnarounds for a flat monthly fee with Catalog! Get $1200 off right now at https://trycatalog.com/twist
.Tech Domains has a new program called startups.tech, where you can get your startup featured on This Week in Startups. Go to https://startups.tech/jason to find out how!
*
Today’s show:
Mathew Russell Lee from Inner City Press joins Jason to discuss life as an independent journalist (13:47), startup fraud trends (2:27), his firsthand observations from the SBF courtroom (17:05), the state of the justice system (1:01:16), and much more!
*
Time stamps:
(0:00) Inner City Press’ Matthew Russell Lee joins Jason
(2:27) The failed Nikola Badger launch and trial of CEO Trevor Milton
(10:03) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist
(11:24) Current status of the SBF trial
(13:47) Matthew's approach to journalism
(17:05) Firsthand observations from the SBF courtroom and reflections on cooperators’ testimonies
(20:56) The dynamics among the accused and framing of their involvement
(23:54) The jury’s key point of interest
(28:38) Catalog - Get $1200 off right now at https://trycatalog.com/twist
(30:07) SBF’s family involvement and use of effective altruism
(34:58) SBF's defense strategy and alleged misuse of client funds
(40:58) .Tech Domains - Apply to get your startup featured on This Week in Startups at https://startups.tech/jason
(43:25) SBF’s extradition and Sam Trabucco's role in the Chinese bribery scheme
(47:09) Recouping money
(50:57) Remaining aspects of the SBF trial
(53:57) SBF's character and upbringing
(56:19) Outcomes of previous fraud cases and thoughts on SBF's conviction
(1:01:16) SDNY's nature and the state of the U.S. justice system
*
Follow Matthew: https://twitter.com/innercitypress
Check out Inner City Press: https://www.innercitypress.com/
Check out Matthew's Patreon: https://www.patreon.com/MatthewRussellLee
*
Check out TWiST episode 1090: https://www.youtube.com/watch?v=SH-zhlqvJWM
Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/fourApply for
Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.com
Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
*
Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
*
Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
*
Subscribe to the Founder University Podcast: https://www.founder.university/podcast