News Snapshot:
When Sam Bankman-Fried was all of 25 years old, he pitched his nascent crypto investment business to Silicon Valley investors only for them to laugh at him and his acolytes over their lack of experience and knowledge of crypto. “None of us has run a company before and we’d like $100 million by next Tuesday," Bankman-Fried told David Rubenstein in August about the request. “It was not a very compelling pitch for investors." Fast forward five years and Bankman-Fried had become, in his own words, one of the “world’s greatest fundraisers." Bankman-Fried ultimately roped in some of the best-known firms...
