Crypto Venture Capital's rejection of venture capital and "The Box"


Well, on this Monday's episode, "Odd Lots" featured Sam Bankman-Fried (SBF). He is probably best known for his exceptional hair, but he also founded the FTX cryptocurrency exchange. He is among the richest in crypto and since he studied physics at MIT, he is probably one of the brightest (whatever that means). On the podcast, he likened cryptocurrency "yield farming" to a "box" that allows him to take out more money than he puts in.