As I understand it, CEA pseudo-incubated what became Alameda and/or FTX, working closely with SBF to help him get set up. Obviously that doesn’t make them responsible for what happened ~5 years later, but nor does it seem reasonable to treat them as unrelated.
That’s not my understanding? I’m curious where you heard that from.
Either way, I stand by this—I believe CEA in particular was a big mess back then:
(Also, Alameda was founded in ~2018, where the EA scene was very, very different and much less mature (and probably much worse governed). I expect many bad governance decisions are baked in when an org is founded)
As I understand it, CEA pseudo-incubated what became Alameda and/or FTX, working closely with SBF to help him get set up. Obviously that doesn’t make them responsible for what happened ~5 years later, but nor does it seem reasonable to treat them as unrelated.
That’s not my understanding? I’m curious where you heard that from.
Either way, I stand by this—I believe CEA in particular was a big mess back then: