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Is Selling Shares in Yourself the Way of the Future?
So the question is, "What is the healthy version of this world?" And the healthy version of the world is one where you have marketplaces for virtual goods of all kinds, whether NFTs, in-game skins, membership tokens in communities, whatever. You have these concepts that you have in FX, like best execution and minimizing brokerage fees being put int... See more
Sam Englebardt • Investing in Immersive Worlds
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Those first few weeks, they made no real money, but then they had only a few people and Sam’s bonus money. By the end of December, they’d hired a bunch of people and raised $25 million in capital. Gary, basically all by himself, had written the code for an entire quantitative system. That month they generated several million dollars in profits. In
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Only after CZ turned him down did Sam decide to create an exchange himself. The idea was simple: the first crypto futures exchange that was well enough designed that it would serve the needs not just of crypto people but also of big professional traders, like Jane Street. Still, Sam was deeply uneasy about it. “We were going to build a product that
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