Evidence receipt / prediction
Published · transcript-backedSam Bankman-Fried: prediction
15 Dec 2021 Acquired FTX (with Sam Bankman-Fried & Mario Gabriele)
“I think that having a built-in example of like, we are quite confident that this is going to be a product with demand because we've wanted this product for a while.”
Source trail
Everything needed to verify it.
- Speaker
- Sam Bankman-Fried
- Attribution
- Verified speaker
- Claim type
- prediction
- Recorded
- 15 Dec 2021
- Publisher
- Acquired
Transcript context
…One of the things that Ben pulled up was the analog to Bezos. It feels like there was also kind of a case of the Amazon AWS first best customer principle here where you were building this exchange and you also knew that Alameda could really benefit from having something like this in the ecosystem. Yeah. I think that having a built-in example of like, we are quite confident that this is going to be a product with demand because we've wanted this product for a while. This isn't some hypothetical, maybe someone wants it type of thing. This is like a, Jesus, is it here yet type of thing. The killer feature, I'm assuming, is it literally just as straightforward as with the crappy platforms out there today, I get net 83% of my profits? We're going to get you much closer to 100% of your profits.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.