the feminine urge to write something abt how SBF embodied the most extreme manifestation of the post gfc, big tech era, social network & big short watching cultural zeitgeist & how perceived information asymmetry allowed him to defraud some of the smartest investors in the world

like - investors willingness to defer to someone who appeared to have an expert level of technical competence, the promise of a massive TAM opportunity for arbing new & arcane crypto markets and the creation of an exchange to support that opportunity, it’s like the perfect storm

y’all kinda know what i mean right? life *does* imitate art to some degree & id bet just as social network had a non negligible effect on ppl pursuing tech, big short had a similar effect on ppl’s interest in trading & arcane parts of finance. crypto being this sort of confluence

of finance/tech & since a large % of the bet you’re making as an early stage VC is on the founder & the market they’re going after, it becomes p clear how SBF became like the golden boy and so quickly the darling of an industry of ppl who are all betting on a vision of the future