Content
@
https://paragraph.xyz
0 reply
0 recast
0 reaction
Punkable
@punkable
SBF might be convicted and behind bars, but let’s be honest the man was a venture investing monster. A post on X mentioned that a VC firm bought FTX’s stake in Circle during early 2023 liquidation at a $3–4B valuation. Today? That stake is up 5x. He called SBF “a buried genius in venture”. ⸻ Even crazier: SBF personally led the seed round for Anysphere (behind AI coding tool Cursor). FTX’s stake was sold in 2023 for $200K. Today it’s worth $500M after a $9B raise at a $99B valuation. ⸻ But the biggest play? In 2021, SBF invested $580M into Anthropic (Claude) at a $4B valuation. In March 2025, Anthropic raised at a $61.5B valuation. That stake? Now worth over $8B. Liquidators sold it in 2023 for just $900M. ⸻ Let that sink in: If FTX had survived, just the Anthropic stake alone could’ve covered the entire user fund shortfall. Solana going up? That alone could rewrite the ending.
0 reply
0 recast
0 reaction