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I'm no SBF fan by any means, and I think his actions were wrong.

That being said, not knowing anything at the start about the industry you build a company in yields 0 signal about someone's competence. How much did Brian Chesky know about hospitality or marketplaces before starting Airbnb? The Lyft founders about taxis? Zuck or Page/Brin about ads?

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If you dig in his testimony the last two days, his answer when he meanders his way there is he didn’t know for almost everything that went wrong and that he trusted other people like his legal counsel and other employees. He is trying a variation on the Ollie North “I do not recall.” defense but he can’t help himself and keeps on running his mouth - the judge stopped him multiple times during his speechifying and made him just answer questions from his own lawyer.

The largest signal that's present in that set is antisocial behavior, not competence

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