I think SBF rarely ever fired anyone, so “kicked out” seems wrong, but I heard that people who weren’t behaving in the way SBF liked (e.g., recklessly risk-taking) got sidelined and often left on their own because their jobs became unpleasant or they had ethical qualms, which would be consistent with evaporative cooling.
Huh, this doesn’t match with stories that I heard. Maybe there wasn’t much formal firing, but my sense is many people definitely felt like they were fired, or pushed out of the group.
Separately from the firing, the consistent thing that I have heard is that at FTX there was a small inner circle consisting of between 5-15 people. It was usually pretty clear who was in there, though there were always 2-3 people who were kind of ambiguously entering it or being pushed out, and being out of the inner circle would mean you lost most of the power over the associated organization and ecosystem.
I think SBF rarely ever fired anyone, so “kicked out” seems wrong, but I heard that people who weren’t behaving in the way SBF liked (e.g., recklessly risk-taking) got sidelined and often left on their own because their jobs became unpleasant or they had ethical qualms, which would be consistent with evaporative cooling.
Huh, this doesn’t match with stories that I heard. Maybe there wasn’t much formal firing, but my sense is many people definitely felt like they were fired, or pushed out of the group.
Separately from the firing, the consistent thing that I have heard is that at FTX there was a small inner circle consisting of between 5-15 people. It was usually pretty clear who was in there, though there were always 2-3 people who were kind of ambiguously entering it or being pushed out, and being out of the inner circle would mean you lost most of the power over the associated organization and ecosystem.