He made the admission during an upcoming Axios interview.
Radical ownership and a preternatural desire to fix it — nicely done bestie! 👏
😳 @chamath admits to @danprimck on the next episode of THE AXIOS SHOW that his history with SPACs is "a blemish on my track record."
"My incentives were grossly misaligned...I was too insecure to admit it."
Some users praised Chamath's admission of SPAC missteps as honest self-reflection deserving a second chance, while many others called him selfish and untrustworthy for harming investors.
No Digg Deeper questions have been answered for this story yet.
@axios @chamath that's not insecurity, it's lack of morality.
@axios @chamath I got it wrong?
I got it wrong!!!!!?
You literally bankrupt people who entrusted you, and squandered investors life savings.
I got it wrong?????! The fuck you did.
So is he willing to make them whole, and give back?
@axios @chamath Dude cares about no one but himself. He can get fucked.
@axios @chamath He made millions off SPACs while retail investors got hurt. He knew exactly what he was doing.
@axios @chamath a clip where everything wrong with the economy is manifested. Why are we interviewing an obvious idiot with a lot of money? and if he's not an idiot, why are we interviewing someone who fucked over retail investors at scale multiple times? Fuck this guy lmao
@axios @chamath Call it what it is. @chamath defrauded thousands of retail investors if not millions. I lost hundreds of thousands of $$
@axios @chamath “Insecure”
No, unethical
@axios @chamath He literally rinsed everyone and now tried to distance himself from his rugs.
@axios @chamath Interviewer: "Alot of things didn't go so well for you"
Oh buddy, it did. For him at least
@axios @chamath > got lucky once > rest of career is "a blemish on my track record" 🤣🤣🤣
@axios @chamath Then why did he say no crying in the casino?
@axios @chamath I don’t think he is lying here.
I just think he’s a fucking idiot!
@axios @chamath Enriching yourself while unknown retail investors lose is called fraud, not a “blemish” on his reputation.
Did he pay for this?
@axios @chamath This scammer needs to have his fraud gains seized and deported to his bharat homeland.
@axios @inafried @chamath so why interview him?
he contributes nothing to the debates of our time and hasn’t established a reputation as a serious person
@axios @chamath He looks like he's about to cry in the fractional in between moments.
That says to me that his highest self is not happy with his scamming.
@axios @chamath He has donated all the money to a charity. Its called Loro Piana or Brunello Cucinelli. Can't remember...
@axios @chamath he will be known as Scammy Chammy until he makes sure his SPAC's are successful.
@axios @chamath So has he done a 360 or a 1080? I'm dizzy but I think he's still pointed the same way?
@axios @chamath Why do people get upset when they make investments that don’t work out? Chamath is responsible for the investments he makes and everyone else is responsible for the investments they make.
