The Trial of SBF: A deep dive with Inner City Press's Matthew Russell Lee | E1833

This Week in Startups is brought to you by…

Squarespace. Turn your idea into a new website! Go to https://Squarespace.com/twist for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain.

Catalog. Stop wasting time and money with expensive design firms and unreliable freelancers! Get fast, 3-day turnarounds for a flat monthly fee with Catalog! Get $1200 off right now at https://trycatalog.com/twist

.Tech Domains has a new program called startups.tech, where you can get your startup featured on This Week in Startups. Go to https://startups.tech/jason to find out how!

*

Today’s show:

Mathew Russell Lee from Inner City Press joins Jason to discuss life as an independent journalist (13:47), startup fraud trends (2:27), his firsthand observations from the SBF courtroom (17:05), the state of the justice system (1:01:16), and much more!

*

Time stamps:

(0:00) Inner City Press’ Matthew Russell Lee joins Jason

(2:27) The failed Nikola Badger launch and trial of CEO Trevor Milton

(10:03) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist

(11:24) Current status of the SBF trial

(13:47) Matthew's approach to journalism

(17:05) Firsthand observations from the SBF courtroom and reflections on cooperators’ testimonies

(20:56) The dynamics among the accused and framing of their involvement

(23:54) The jury’s key point of interest

(28:38) Catalog - Get $1200 off right now at https://trycatalog.com/twist

(30:07) SBF’s family involvement and use of effective altruism

(34:58) SBF's defense strategy and alleged misuse of client funds

(40:58) .Tech Domains - Apply to get your startup featured on This Week in Startups at https://startups.tech/jason

(43:25) SBF’s extradition and Sam Trabucco's role in the Chinese bribery scheme

(47:09) Recouping money

(50:57) Remaining aspects of the SBF trial

(53:57) SBF's character and upbringing

(56:19) Outcomes of previous fraud cases and thoughts on SBF's conviction

(1:01:16) SDNY's nature and the state of the U.S. justice system

*

Follow Matthew: https://twitter.com/innercitypress

Check out Inner City Press: https://www.innercitypress.com/

Check out Matthew's Patreon: https://www.patreon.com/MatthewRussellLee

*

Check out TWiST episode 1090: https://www.youtube.com/watch?v=SH-zhlqvJWM

Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/fourApply for

Funding: https://www.launch.co/apply

Buy ANGEL: https://www.angelthebook.com

Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt

Check out Jason’s suite of newsletters: https://substack.com/@calacanis

*

Follow Jason:

Twitter: https://twitter.com/jason

Instagram: https://www.instagram.com/jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

*

Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

*

Subscribe to the Founder University Podcast: https://www.founder.university/podcast