Interesting article in WaPo today about SBF and Stanford:
Here’s the crux:
Bankman-Fried, who grew up on campus, “certainly fits into what I regard as the kind of culture of Stanford,” says Richard White, a retired Stanford history professor — even if the 30-year-old former billionaire left Silicon Valley to attend MIT.
White and others characterize Stanford’sculture as a place where faculty and students are emboldened to take big risks in conceiving the next hot start-up or breakthrough innovation, often with easy access to capital, the conviction that they’re changing the world — and few consequences if things go south
Here’s the crux:
Bankman-Fried, who grew up on campus, “certainly fits into what I regard as the kind of culture of Stanford,” says Richard White, a retired Stanford history professor — even if the 30-year-old former billionaire left Silicon Valley to attend MIT.
White and others characterize Stanford’sculture as a place where faculty and students are emboldened to take big risks in conceiving the next hot start-up or breakthrough innovation, often with easy access to capital, the conviction that they’re changing the world — and few consequences if things go south