Raising the bar

Abstract

In this piece, the author, Sam Bankman-Fried, discusses the practice of hiring accomplished individuals for the sake of positive media attention, rather than their actual contributions to the company. The author contends that news outlets often present these hires as meaningful, which leads people to make investment decisions based on misleading information. The author contrasts this with FTX’s hiring process, which focuses on hiring people who will genuinely contribute to the company. The author then provides examples of individuals who have made significant contributions to FTX’s success, highlighting their specific achievements and qualities. – AI-generated abstract.