Name: If You’re Ripping Michael Lewis’ Book on Sam Bankman-Fried, You’re Reading It Wrong
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If You’re Ripping Michael Lewis’ Book on Sam Bankman-Fried, You’re Reading It Wrong

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My hopes and dreams when I tucked into “Going Infinite,” Michael Lewis’ controversial book about Sam Bankman-Fried, were the same as they always are when reading our foremost chronicler of financial renegades and miscreants.First, I wanted to be entertained by Lewis’ honeyed prose and syrupy storytelling—the snappy character descriptions, the laugh-out-loud asides, the crystalline explanations of complicated subjects. Second, I wanted Lewis—who demystified bond trading in “Liar’s Poker,” collateral debt obligations in “The Big Short” and the net worth of baseball players in “Moneyball”—to once and for all explain to me how and why crypto is a giant scam.Lewis satisfies one of my goals completely, and the other obliquely.- or -Already a subscriber?Sign in hereGet access to exclusive coverageRead deeply reported stories from the largest newsroom in tech.Latest Articles&nbsp;Live By the Valley, Die By the ValleyNew subscribers can get three months on us with our&nbsp;Black Friday offer, available through November 26. You’ll save 25% on an annual subscription, which gives you unlimited access to our journalism, org charts, events, newsletters—and, of course, every story from The Information Weekend.&nbsp;Subscribe here to save $100+.Hi, welcome to your Weekend.Still reeling from the news of Sam Altman’...Latest Briefs&nbsp;SpaceX’s Starship Flew for Longer on Second LaunchOpenAI Board Fired Altman Minutes Before Public Statement, Brockman SaysOpenAI Leaders Split on AI ‘Safety’ Before Ousting AltmanStay in the knowReceive a summary of the day's top tech news—distilled into one email.Access on the goView stories on our mobile app and tune into our weekly podcast.Join live video Q&amp;A’sDeep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.Enjoy a clutter-free experienceRead without any banner ads.Recent Popular StoriesCoatue Raises $1.4 Billion Fund, Cuts Fees as Venture Firms Navigate Frigid MarketTo entice their investors off the sidelines, venture capital firms are turning to a tactic used during the dot-com bust: discounts.Interim OpenAI CEO: Microsoft Has ‘Utmost Confidence’ in Startup Following Altman DepartureOpenAI Interim CEO Mira Murati on Friday told staff in a companywide meeting that its relationship with Microsoft—its biggest outside source of capital and computing power—was stable following the sudden firing of CEO Sam Altman, according to people with knowledge of the meeting.Before OpenAI Ousted Altman, Employees Disagreed Over AI ‘Safety’OpenAI’s ouster of CEO Sam Altman on Friday followed internal arguments among employees about whether the company was developing artificial intelligence safely enough, according to people with knowledge of the situation.‘Figma Took Their Lunch Money’: How $2 Billion Design Startup InVision Fell ApartThe founder and CEO of InVision saw the siege coming. His successful user interface design startup was growing fast, having built a product that some expected to put Adobe, the juggernaut of the design industry, back on its heels.To Revive Snap, Evan Spiegel Promotes Hardcore Work CultureSnap co-founder and CEO Evan Spiegel has lately taken to walking around his company’s Santa Monica, Calif., headquarters in the evenings, stopping at employees’ desks and asking what they’re working on.Startups’ Annus Horribilis—and What Comes NextIf 2022 was a year of shock and denial for tech founders and investors as stocks collapsed, 2023 was a year of acceptance of their harsh new reality.

My hopes and dreams when I tucked into “Going Infinite,” Michael Lewis’ controversial book about Sam Bankman-Fried, were the same as they always are when reading our foremost chronicler of financial renegades and miscreants.First, I wanted to be entertained by Lewis’ honeyed prose and syrupy storytelling—the snappy character descriptions, the laugh-out-loud asides, the crystalline explanations of complicated subjects. Second, I wanted Lewis—who demystified bond trading in “Liar’s Poker,” collateral debt obligations in “The Big Short” and the net worth of baseball players in “Moneyball”—to...

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If You’re Ripping Michael Lewis’ Book on Sam Bankman-Fried, You’re Reading It Wrong

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