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#3AC #Crypto #Trading: #ThreeArrows #Founders Break Silence Over #Collapse of #Crypto #. . .

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Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6956410560951320576

#3AC #Crypto #Trading: #ThreeArrows #Founders Break Silence Over #Collapse of #Crypto #HedgeFund: “It was very much like a #LTCM moment for us, like a #LongTermCapital moment. We had different types of #trades that we all thought were good, and other people also had these trades. And then they kind of all got super #marked #down, super fast.”

“There was always an understanding of what they were getting themselves into — this was a #risky #firm. For us, if you go to our website, we’ve always had #massive #disclaimers about #crypto #risk. We’ve never once pitched ourselves as #riskfree, like a simple #yield.”

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Silicon Valley's 'Next Big Thing': "Do Something Epic: Save the World™": "Venture capitalist Roger McNamee recently implored Silicon Valley to embrace human-driven social networks that empower rather than exploit users as the Next Big Thing. Having pioneered such networks, we were invited to guide Silicon Valley three decades or so ago on building Digital enterprises for the Wild Wild Web*. Today, we are ready to again lead Silicon Valley to further advance human-driven technologies in collaboration with the AFRL..." - Dr. Yogesh Malhotra, Founder, AWS-Quantum Valley™: BRINT.com Know-Build-Monetize™ Networks: YM-ABC™: YogeshMalhotra.com: AIMLExchange.com : BRINT.com : C4I-Cyber.com