Jason Calacanis Is Right About ‘Grifting’ Crypto VCs (but Confused)

Now, Jason is not Chamath. Mere association doesn’t mean Calacanis bears responsibility for his colleagues’ potentially fraudulent activity (former PayPal exec David Sachs, also a cohost of Calacanis’ “All In” podcast, was also a backroom SOL buyer). Calacanis is also largely right in saying that a vast number of crypto tokens are outright scams, or at the least risky “prelaunch companies” that should come with more disclosures.