🚀📚 Michael Lewis' biography of Sam Bankman-Fried, "Going Infinite," reveals how Alameda Research almost lost millions in its early days! The firm, backed by $170M from 'Effective Altruism' investors, struggled with losing bets & vanishing funds. 😱

But then, FTX directors Gary Wang & Nishad Singh joined the team, turning the tide with a successful quantitative trading system & solid management. 💪🌊 And the rest, as they say, is history! 🌟

What do you think was the key to Alameda's turnaround? Share your thoughts below! 👇💭