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
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