I work for the Internet and am an advisor to <a class="tweet-url username" href="https://twitter.com/stripe" data-screen-name="stripe" target="_blank" rel="nofollow">@stripe</a>. These are my personal opinions unless otherwise noted.

Patrick McKenzie

One day later: FTX announces that they are being purchased by the competitor spreading a whisper campaign about them.

Trying to catch up on the why, but I have a high-quality speculation as to it. https://t.co/z8PCWOJkBa

I’m genuinely confused by this kerfuffle about FTX and Alameda, where a) I model them as the least likely operation in crypto to have blown up due to incompetence and b) they have adopted the reasoned and measured comms strategy used by banks that are factually in crisis. https://t.co/3h16df242A

I work for the Internet, at @stripe, mostly on accelerating startups.

(Let the record reflect that my estimate yesterday of calamity this year for them was 6%, up from 5% before the solvency-is-fine tweeting. Clearly I did not update enough.)

Top level entities that describe a Brands industry

Brand Vertical

Banking - Business & finance

I work for the Internet and am an advisor to @stripe. These are my personal opinions unless otherwise noted.

from Patrick McKenzie | by Patrick McKenzie