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Binance.US appoints former Ant Group and Uber executive Brian Shroder as its new president after the resignation of CEO Brian Brooks

Olga Kharif / Bloomberg : Tweets: @cablecarcapital , @arturo_p_a , and @arturo_p_a Tweets: Jacob Ma-Weaver / @cablecarcapital : One reason companies that “break things,” including the law, can raise money is that venture backers have unlimited upside but limited liability. In my opinion, *knowingly* financing a cheating business should come with joint liability for its actions. https://www.bloomberg.com/... Arturo Portilla / @arturo_p_a : Binance US has appointed Brian Shroder (former executive at Ant Group and Uber) as new president after Brian Brooks resignation. Shroder says Binance US is looking to close a private funding round in the short-term and file for IPO in the next 2-3 years. https://www.bloomberg.com/... Arturo Portilla / @arturo_p_a : There are public companies who cheat all the time. This issue is not exclusive to private fundraising. https://twitter.com/...

Bloomberg Olga Kharif

Discussion

  • @cablecarcapital Jacob Ma-Weaver on x
    One reason companies that “break things,” including the law, can raise money is that venture backers have unlimited upside but limited liability. In my opinion, *knowingly* financing a cheating business should come with joint liability for its actions. https://www.bloomberg.com/.…
  • @arturo_p_a Arturo Portilla on x
    Binance US has appointed Brian Shroder (former executive at Ant Group and Uber) as new president after Brian Brooks resignation. Shroder says Binance US is looking to close a private funding round in the short-term and file for IPO in the next 2-3 years. https://www.bloomberg.com…
  • @arturo_p_a Arturo Portilla on x
    There are public companies who cheat all the time. This issue is not exclusive to private fundraising. https://twitter.com/...