[chollida1]

> She has agreed to a 10-year ban from holding executive roles in public or crypto companies.

Judging by how Alemeda research was provided with as much money as they wanted with zero interest rate attached and she still ran the company into the ground, I don't think the ban will hurt her too much.

This really goes to show that most hedge funds are successful because of the infrastructure built around them rather than the people.

You need both to be successful, but good systems and infrastructure trump good people most of the time. RenTech is the best example of this.

No one is going to trust her to run a Baskin Robbins, much less put her in a role with any responsibility now.

[kirubakaran]

> No one is going to trust her to ...

I wish I had your optimism:

> Adam Neumann’s Flow raises over $100M at $2.5B valuation Backed by a16z, the ex-WeWork CEO's real estate platform targets global expansion. (2025)

https://www.calcalistech.com/ctechnews/article/h1uevrw1xe

[JumpCrisscross]

I feel like it’s still debatable whether Neumann committed fraud or stupidity. Bankman-Fried, on the other hand, cooked the books.

[dheera]

> She has agreed to a 10-year ban from holding executive roles in public or crypto companies.

So you can hold an executive role in a wholly owned private subsidiary of a public company, or hold a role in a Cayman Island company instead of a US company and have the Cayman entity buy the US entity. Rules like this don't actually do anything.

[daft_pink]

I feel like in Crypto world, they value how high you were able to get the plane flying and don’t care if you crashed and burned in the end.

[inhumantsar]

not all that different from the VC funded startup world then