Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra were joined by Laura Shin, CEO of the show, to chop it up about the collapse of FTX.

Show topics:

Haseeb's explanation of the blowup of FTX
whether FTX was a Ponzi scheme
Sam Bankman-Fried's strategy to become a billionaire
the weird sale of Serum, a project backed by SBF
the lack of proper accounting practices in FTX and Alameda
whether FTX did not have a proper and large enough security team
the likelihood that FTX’s volume numbers are fake
why Haseeb thinks this is one of the biggest catastrophes in venture history
the role of media in building SBF's character and the revindication of journalism
whether venture capital firms run propaganda for their portfolio companies
whether VC culture enabled this collapse to happen
the story of how Sam convinced Tom Brady to invest in FTX
the debate about effective altruism and whether SBF's EA caused his mistakes
whether FTX's failure will set the crypto industry back

Hosts

Haseeb Qureshi, managing partner at Dragonfly Capital
Tom Schmidt, general partner at Dragonfly Capital
Tarun Chitra, managing partner at Robot Ventures

Guests

Laura Shin, author, host of Unchained

Episode Links

Previous coverage of Unchained:

FTX Collapse:

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S28 E7: Epilogue | "Someone Knows Something"