Conversation

“Patronage is no road to salvation for the media industry. As the constellation of rich people, venture capital funds, and foundations upon which the industry relies on for survival grows, so too does the likelihood that a meaningful portion of it will end up holding millions of dollars in stolen money, and no idea what to do with it.”

https://defector.com/sam-bankman-fried-is-where-media-patronage-was-always-headed/