Sam Bankman-Fried admits in an interview with Axios that FTX's multitude of licenses were 'corporate bullshit,' but swears his effective altruism quest was genuine.
Bankman-Fried's most defining feature, however, was his dedication to effective altruism . His main goal, he has said, was to make money and to give it away., in which Bankman-Fried threw cold water on the virtue of being ethical.: In an Axios interview Monday night, Bankman-Fried acknowledged that part of his image was curated, but maintains that effective altruism was his driving force — even if the EA movement would prefer to disown him.
His predilection for playing games in important meetings — most notably while trying to get Sequoia to invest "I think we probably went a little bit overboard on the number of licenses that we got," he says. "There were ones that we did that weren't ultimately meaningful. It was trying to brand yourself in a way that you wanted to be seen."
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