Actually, there's no need to regret or feel sentimental about SBF's investment in Anthropic back then. What would the outcome be if FTX had succeeded today?\nLook at how FTX was throwing money around at the time; it seemed like they didn't really consider ROI. The inner circle just thought it was interesting and looked good, so they invested.\nOther Eastern VC/PE/family offices didn't invest either because of information gaps, or they simply couldn't access that circle, or due to performance pressure.\nSometimes, the less you focus on a specific thing, the more likely you are to come up with something valuable.\nThe more casually you buy, the easier it is to catch the bottom.\nIt's just that magical.