To clarify, Nick Beckstead is not currently suspected of wrongdoing, as far as we know, is he? Last I heard, the UK charities commission was investigating the FTX Foundation in case they had something to do with the wrongdoing within FTX, but not related to any particular suspicion. (Please correct me if I’m wrong or they have announced anything new.)
The fact that some of the FTXFF funding went via weird orgs such as North Dimension reflects badly on someone at FTXFF, I think. I think on priors we’d expect something like this in relation to an $8bn fraud to lead to the removal of someone from a random board. So personally until I hear reasons for Beckstead to stay, I’ll think he should go. I imagine that someone can make those arguments, but I’d like to actually hear them (Should I update before hearing them on expectation of hearing them, probably, but the fact it’s been months and I haven’t does feel bad to me)
I think on priors we’d expect something like this in relation to an $8bn fraud to lead to the removal of someone from a random board.
In general, I think the traditional approach of sacking people when something they’re associated with explodes is very harmful, and I’m glad that most places I’ve worked at explicitly don’t do this.
To clarify, Nick Beckstead is not currently suspected of wrongdoing, as far as we know, is he? Last I heard, the UK charities commission was investigating the FTX Foundation in case they had something to do with the wrongdoing within FTX, but not related to any particular suspicion. (Please correct me if I’m wrong or they have announced anything new.)
The fact that some of the FTXFF funding went via weird orgs such as North Dimension reflects badly on someone at FTXFF, I think. I think on priors we’d expect something like this in relation to an $8bn fraud to lead to the removal of someone from a random board. So personally until I hear reasons for Beckstead to stay, I’ll think he should go. I imagine that someone can make those arguments, but I’d like to actually hear them (Should I update before hearing them on expectation of hearing them, probably, but the fact it’s been months and I haven’t does feel bad to me)
In general, I think the traditional approach of sacking people when something they’re associated with explodes is very harmful, and I’m glad that most places I’ve worked at explicitly don’t do this.