This Week in Startups FTX bankruptcy, spiciest takes, future of crypto VC, new Amazon Prime drones + OK Boomer | E1610
Nov 12, 2022
Owen Roe, a product designer at Stacked and former esports industry veteran, joins the discussion on the future of crypto and the gaming economy. They dive deep into the fallout from the FTX bankruptcy, exploring its implications on venture capital in cryptocurrency and highlighting potential red flags. Owen also shares insights on the evolving esports landscape, emphasizing the shift from traditional competition to content creation, and revealing how new monetization strategies can reshape the gaming industry.
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SBF's Downfall
- Sam Bankman-Fried's downfall from a celebrated entrepreneur to bankruptcy happened remarkably quickly.
- This rapid decline highlights the importance of underlying asset value in investments.
Core Asset Value
- Core asset value matters in investments.
- Trading assets without fundamental value will eventually lead to their evaporation.
Invest in Value
- Base investment decisions on product value and utility.
- Consider investing in companies or products you use and love.