16 Nov 2022
How did Alameda Research go from make billions in profits to losing it all? And why couldn't Sam Bankman-Fried just let Alameda die after the LUNA crash? Why did he have to risk everything?
Watch the video to find out my theory, and let me know what you think in the comments below!
Originally posted on my Substack newsletter: https://fengtality.substack.com
-- Michael Feng
Disclaimer: I’m not privy to any confidential or insider info, so this is just an educated guess at may have transpired at Alameda Research and FTX. Everything here is strictly my own personal opinion, not that of CoinAlpha nor Hummingbot Foundation. Nothing here is legal, investment, or financial advice.
---
00:00 Intro
00:58 How Alameda is structured
05:56 SushiSwap saga
13:08 Alameda's VC strategy
15:45 Why hire a market maker?
18:07 Market Maker models
24:09 How lucrative the MM option could be
30:53 Alameda vs other MMs
34:22 Why didn't just SBF let Alameda die?
40:23 Final thoughts on SBF
Watch the video to find out my theory, and let me know what you think in the comments below!
Originally posted on my Substack newsletter: https://fengtality.substack.com
-- Michael Feng
Disclaimer: I’m not privy to any confidential or insider info, so this is just an educated guess at may have transpired at Alameda Research and FTX. Everything here is strictly my own personal opinion, not that of CoinAlpha nor Hummingbot Foundation. Nothing here is legal, investment, or financial advice.
---
00:00 Intro
00:58 How Alameda is structured
05:56 SushiSwap saga
13:08 Alameda's VC strategy
15:45 Why hire a market maker?
18:07 Market Maker models
24:09 How lucrative the MM option could be
30:53 Alameda vs other MMs
34:22 Why didn't just SBF let Alameda die?
40:23 Final thoughts on SBF
- 1 participant
- 45 minutes
17 Jul 2022
Michael Feng's Podcast
https://fengtality.substack.com
---
In the 2nd episode of my podcast interview series with crypto founders, I interviewed Nicolas Fett, CTO of decentralized oracle protocol Tellor (https://tellor.io).
A former economist with stints at CFTC and BLS (Bureau of Labor Statistics), Nicolas has a unique background and life story that led him to crypto. That's why I think Tellor is one of the most ambitious and hardcore-decentralized protocols in the industry. Furthermore, Nicolas explains how his work with Tellor informs his work with the Washington DC crypto lobby.
I interviewed Nicolas back in March 2022, so clearly a lot has changed in the markets since then. However, what remains the same are the tireless dedication and optimism of great crypto founders like Nicolas.
Links:
- Tellor website: https://tellor.io
- Follow Tellor on Twitter: https://twitter.com/WeAreTellor
- Nicolas’s LinkedIn: https://www.linkedin.com/in/nicholas-fett
Chapters:
--
PS. Three years ago, before Hummingbot was even born, Nicolas interviewed me on his podcast: https://www.youtube.com/watch?v=3a4w5H1IZVA. Check it out to learn about Hummingbot's origin story!
https://fengtality.substack.com
---
In the 2nd episode of my podcast interview series with crypto founders, I interviewed Nicolas Fett, CTO of decentralized oracle protocol Tellor (https://tellor.io).
A former economist with stints at CFTC and BLS (Bureau of Labor Statistics), Nicolas has a unique background and life story that led him to crypto. That's why I think Tellor is one of the most ambitious and hardcore-decentralized protocols in the industry. Furthermore, Nicolas explains how his work with Tellor informs his work with the Washington DC crypto lobby.
I interviewed Nicolas back in March 2022, so clearly a lot has changed in the markets since then. However, what remains the same are the tireless dedication and optimism of great crypto founders like Nicolas.
Links:
- Tellor website: https://tellor.io
- Follow Tellor on Twitter: https://twitter.com/WeAreTellor
- Nicolas’s LinkedIn: https://www.linkedin.com/in/nicholas-fett
Chapters:
--
PS. Three years ago, before Hummingbot was even born, Nicolas interviewed me on his podcast: https://www.youtube.com/watch?v=3a4w5H1IZVA. Check it out to learn about Hummingbot's origin story!
- 2 participants
- 1:45 hours
8 Mar 2022
Michael Feng's Podcast
https://fengtality.substack.com
---
For the first episode of my podcast in which I interview crypto founders, I’m excited to welcome Evgeny Gokhberg, managing partner of Re7 Capital, a quant hedge fund that pursues liquid high-yield stablecoin strategies.
After I talked to Evgeny, I felt honored and lucky that he my first guest, because Evgeny shared an amazing story of how he grew up in the old USSR, studied finance in London and joined the elite ranks of UBS private banking, but gave it all up to join a tiny crypto startup, which led to him managing a quant hedge fund today.
0:00 Intro
2:35 Growing up in Moscow
8:34 Studying finance in London
9:38 Getting a hedge fund job
16:43 Transitioning to private banking
21:05 Making his first angel investment
23:30 Joining a crypto startup
24:48 Why raising a lot of capital might be bad
26:50 Everledger: blockchain-based provenance
32:37 How liquidity mining works
39:40 Importance of 3rd party custody
44:23 Running a quant hedge fund
53:47 Evgeny's top 3 tokens
More about Evgeny:
https://twitter.com/re7capital
https://twitter.com/evgeny_re7
https://www.linkedin.com/in/evgeny-gokhberg
https://fengtality.substack.com
---
For the first episode of my podcast in which I interview crypto founders, I’m excited to welcome Evgeny Gokhberg, managing partner of Re7 Capital, a quant hedge fund that pursues liquid high-yield stablecoin strategies.
After I talked to Evgeny, I felt honored and lucky that he my first guest, because Evgeny shared an amazing story of how he grew up in the old USSR, studied finance in London and joined the elite ranks of UBS private banking, but gave it all up to join a tiny crypto startup, which led to him managing a quant hedge fund today.
0:00 Intro
2:35 Growing up in Moscow
8:34 Studying finance in London
9:38 Getting a hedge fund job
16:43 Transitioning to private banking
21:05 Making his first angel investment
23:30 Joining a crypto startup
24:48 Why raising a lot of capital might be bad
26:50 Everledger: blockchain-based provenance
32:37 How liquidity mining works
39:40 Importance of 3rd party custody
44:23 Running a quant hedge fund
53:47 Evgeny's top 3 tokens
More about Evgeny:
https://twitter.com/re7capital
https://twitter.com/evgeny_re7
https://www.linkedin.com/in/evgeny-gokhberg
- 2 participants
- 60 minutes
