Long Take: Glory and cost of a "pure bet", with SoFi $1B Technisys acquisition and BlockFi $100MM SEC fine

Gm Fintech Architects —

Today we are diving into the following topics:

• Summary: In this analysis, we think about the tradeoffs between “pure bets” and “empire building”. We discuss how labor contributions function in DAOs and can be a hindrance to building something with purpose, referring to the example of SushiSwap. We also highlight the SoFi acquisition of Technisys and the $100MM SEC penalty for BlockFi in the context of pursuing a strong thesis.

• Topics: strategy, investing, decentralized finance,

• Tags: SoFi, BlockFi, SushiSwap, Google, Technisys, Galileo, SEC

If you got value from this article, please share it. Long Takes are premium only, and we need your help to spread the word about how awesome they are!