According to ChainCatcher, Chris Dixon, a16z partner, recently talked about topics such as "Why a16z has never invested in FTX" in The Scoop, a podcast of The Block. The host asked Chris Dixon "Is it a skill or luck to avoid FTX?" In response, Chris Dixon said that he had only talked with SBF in an online meeting and did not have a deep friendship. The main reason for not investing in FTX is because he invested in Coinbase, and the experience of working with Coinbase told him that compliance and security are more important than soul and innovation. Therefore, the unregulated offshore crypto exchange such as FTX is itself a hidden danger.
"Why do exchanges like FTX and Phoenix choose to set up their headquarters in the Bahamas? Who will audit them?" Chris Dixon said that not investing in FTX was not entirely out of luck. A16z has accumulated more than ten years of experience in the investment field. It will do a lot of work before investing and seriously think about "what is real technological innovation." (The Block)
