Strong +1, I imagine this is a very stressful time for all of them! I think they’ve all done an incredibly impressive amount of good already and wish them the best.
EDIT: I made this comment when my understanding of the situation was that FTX had experienced a liquidity crisis due to a bank run, and were going to be acquired by Binance (and customers made whole). I’m now a lot more confused about the situation, and what the appropriate emotional orientation to it/to FTX is.
I think it’s very plausible the reputational damage to EA from this—if it’s as bad as it’s looking to be - will outweigh the good the Future Fund has done tbh
Agreed lots of kudos to the Future Fund people though
Strong +1, I imagine this is a very stressful time for all of them! I think they’ve all done an incredibly impressive amount of good already and wish them the best.
EDIT: I made this comment when my understanding of the situation was that FTX had experienced a liquidity crisis due to a bank run, and were going to be acquired by Binance (and customers made whole). I’m now a lot more confused about the situation, and what the appropriate emotional orientation to it/to FTX is.
I think it’s very plausible the reputational damage to EA from this—if it’s as bad as it’s looking to be - will outweigh the good the Future Fund has done tbh
Agreed lots of kudos to the Future Fund people though