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Anthropic raises $13B Series F

(www.anthropic.com)
585 points meetpateltech | 1 comments | | HN request time: 0.205s | source
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jdoliner ◴[] No.45105172[source]
Every round Anthropic raises twists the knife deeper in SBF. If only he could have survived the downturn his Antropic investment alone probably could have papered over the other loses.
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FinnLobsien ◴[] No.45105292[source]
Always makes you wonder how many companies that are successes today could’ve had their SBF moment, but market conditions kept them afloat
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hn_throwaway_99 ◴[] No.45105484[source]
I think it's really objectionable to refer to this as an "SBF moment".

It's not just about surviving a downtown and unforseen circumstances with some luck (like the sibling talking about FedEx barely making it). Tesla, for example, was famously extremely close to bankruptcy.

But SBF got into the situation he was in due to his egregious fraud. The accounting at FTX was a criminal joke, with multiple sets of books, bypassable controls, outright fake numbers. My guess is that if SBF had survived that particular BTC downturn that his extreme hubris and willingness to commit fraud would have eventually done him in - downturns always happen at some point, and his brazenness in his criminal enterprise showed no signs of learning from mistakes.

Sure, all hugely successful companies have a ton of luck involved. But I think it's a mistake to pretend that SBF was just done in by bad timing, or that all companies do what he did. His empire collapse was pretty inevitable IMO if you look at what a clown show FTX was under the covers.

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1. arduanika ◴[] No.45106075[source]
Correct. Companies go bust all the time, for market timing reasons that are mostly out of their control. But going bust is different from going bust and stealing billions.

Whether by negligence or intent, FTX was arranged so that they couldn't go bust without stealing.