Heroine’s Journey Bachelorette Weekend

After Amit proposed to me in January, the marriage visioning process has led me to rejoin the sisterhood of women. How did I leave the sisterhood in the first place? What did it mean to rejoin the sisterhood? Read on…

It all started with me wondering about my wedding gown. After 6+ years of RTR (get 40% off), I’ve long since normalized wearing bizarre outfits in my daily life, so I wanted my wedding gown to be next level “what is she wearing” crazy. I described the look as “futuristic sculptural,” wanted it to be something breathtakingly beautiful and strange that no one had ever seen before while also costing as little as possible, etc. I texted my middle school friends who I barely talk to anymore and learned that they know a LOT about style theory. I inhaled books based on the concepts they alluded to on color theory, bone structure, style essence…

My friend Kat coached and challenged me to talk with my vagina and I channeled a new persona: Nancy Hua Kardashian. Here’s what she had to say to my conscious leadership forum through my vag: 

Elated by my vision, I wrote in a chat group:

i want to have a bridal shower where a pro stylist, makeup artist, and colorist come to analyze us so we can take our learnings into the future. i love experimenting on myself and self diagnosing from articles and youtube but i've never had a pro. i think it'd be fun to learn together so we can compare how to make someone else's look work for us and why it needs adjustment, etc… nancy kardashian's purpose is to inspire and teach people how to be more beautiful than they could've imagined, and she's a real ally to me when i thnk about the purpose of my wedding celebrations. how can i bring learning about love and beauty into my events so all my loved ones can connect and grow together??

I wasn’t sure what to call this event because my experience of the normal sequence of events is that we set a wedding date, I anoint a maid of honor who plans a bachelorette party (and maybe also a bridal shower?), then we fly somewhere and get drunk. I don’t drink, we hadn’t set the wedding date (and due to all the scope creep, we still haven’t set a date. Amit is the one with the big, unique wedding vision— none of the boring parts, so much love and togetherness and fun, totally on brand for our (especially Amit’s) love of delighting people with innovative, new experiences— so while we were forming our wedding vision, I pushed forward with bachelorette weekend planning), choosing a maid of honor stressed me out (and indeed, choosing who to invite to this bachelorette weekend was also stressful and caused women to sob, including of course myself), and submitting to someone else’s plans also stressed me out because I had my own unique vision of what I wanted to do, which was not something I could hand off because, like many of my innovative notions, the idea was still forming as I was conceiving and planning it— you can’t outsource the MVP. 

In deciding who to invite, I felt fear. A middle school friend who had seemed so into the idea didn’t want to come. Why? Did she actually hate me? I was offering this irresistible invitation that I was so sure she’d like but she’s saying she doesn’t have a free weekend for months? What’d I expect— I barely talked with or saw her anymore. Since I’d entered the workforce, all my friends were guys because HFT and startup founding are male dominated— I didn’t have enough female friends. I cried and hated her, and cried and slowly let go of all my blame, and cried and told her how I felt. I cry a lot now that I’m more in touch with my feelings and liberating my feminine energy, etc. 

I had so many women I wanted to invite but didn’t for various reasons that caused sobbing. I was scared to invite women I liked “too much” (ie. more than I think was warranted based on our hang out time, or more than I thought they liked me) because I didn’t want them to think I was a friendless loser. I was scared to invite friends who I thought would say no because I was scared of rejection. I was scared to invite friends who wouldn’t dote on me as much as I wanted.

It’s weird how this was the event that finally made me see how much I’m scared of rejection. I’m not scared of rejection at all in business. Who cares? It’s just business. You pitch a bunch of VC’s/ buyers and the right ones say yes and the right ones say no. But with my friends, rejection hurts. I saw how I do this dance where I make sure I like the person at most as much as they like me, because I don’t want to feel the pain if they reject me. 

This is the video I sent to the women coming to my bachelorette weekend:

I spent hours choosing the vendors and shed many tears. Amit kept crowing, “I love how stressed you are about this!” I think he actually trusted me more in planning our wedding after seeing me plan this weekend, because previously I’d poo-pooed the difficulty in planning the wedding events he wanted and hadn’t empathized with his stress over it. I learned that minimizing/ arguing about someone else’s stress (ie. “Who cares? They’ll figure out how to get there”) might make them more stressed; people need empathy and acceptance first (ie. “You’re right, we do need to think about that”). 

I messaged a friend:

in organizing this wkd, i see how i was getting really serious bc i wanted everyone to have an amazing time and this was ironically making it really un-fun for me

When the weekend finally came, Scarlet surprised me with amazing decorations and custom bags, schedules, and decorations that she designed herself. Everyone was really nice to me and seemed happy. 

In contrast, I was scared it was going to be bad. People flew in for this! My fears of rejection/ abandonment were harder to ignore than usual. Part of me was scared that, even though no one in this group had rejected me yet, if the weekend didn’t go well, then they’d reject me. Part of me was always looking for rejection from people I loved. 

During the ceremony with Diana, a middle school friend brought up my parents and how my mom had left me, and Diana sagely nodded. My themes of abandonment kept coming up again and again. Was it so obvious to everyone? I bet most people would be surprised I felt this much fear when I seem so bold and outgoing. But I’m only fearless when I don’t care about the person yet. Rejection only hurts when I need you, that’s why needing someone is scary. 

Driving to the styling session at Danielle’s boutique with Erin Mathis, Lynn was talking about her daughter realizing that in some ways being a boy was “better.” This is how I felt from age ~15 to ~35. It’s only been in the last few years that I’ve gone through the final arc of this supercycle of my heroine’s journey, going from judging, fearing, and denying my feminine side (enshrining my Steve Jobs persona and having contempt for my Snow White) to embracing her unique gifts.

The heroine’s journey is what my movie and other creative projects show. I learned I needed to grow both my masculine and feminine sides to trust myself fully and feel more alive.

Hero’s JourneyHeroine’s Journey
My growth arcI’m strong and independent. I can do it myself. I need to prove I’m as good as/ better than X.I know I can do it myself, AND I need others. I’m enough. I don’t need to compete or adopt less than/ better than values. The feminine and masculine need each other. The masculine grows lonely, senseless, and lifeless without the feminine, while the feminine is chaotic and confused without the masculine.
How I see lifeWhat’s “heroine’s journey?” Hero’s journey is all there is and it rocks.When you’ve achieved everything you’ve wanted and realize it’s not enough, then you see you’re in the heroine’s journey (both genders can go on both journeys)— the hero’s journey was a side quest. 
Hero vs Heroine’s Journey

I left the sisterhood of women when I entered the work world because the fields I was in were very masculine (I was the only woman in some of my MIT math classes, I was the only woman trader in the office for years, I was the CEO of a mobile SDK B2B SaaS startup and only met 1 other woman founder in any of those categories for years). The universally accepted approach to my work rewarded my Steve Jobs and other male personas, whereas my feminine personas like Snow White were more of a liability, especially because they weren’t mature yet, and I hadn’t known this or made any effort in helping Snow White grow up from a girl to a queen. In contrast, I’d put in a lot of effort in growing up my Steve Jobs, making him more and more formidable, smart, and ruthless. I loved my masculine side for his strength and only saw my feminine side’s weakness, so I pushed her aside. Until wedding planning invited her out, and I was learning about all her gifts. 

I saw how the masculine side longed for and needed my feminine side, but I needed to help her grow up before I could trust her. I saw how I’d never fully trust myself if I never trusted my feminine side, regardless of how strong my masculine side was. No matter how rich and smart and hot I was, or how many martial arts I did, I needed to invest in the side of me that was sensitive, delicate, and loving to live a life that was meaningful to me. My feminine energy had always been there, but I didn’t appreciate her and I ignored her desires (she’s so unproductive and needy). Now I saw how she was a powerful part of me, how impossible and painful it was to deny her, and how she got everything she wanted so easily. My masculine side thinks it needs to grind away and toil and suffer because that’s how he thinks he’s gotten everything we have, but my feminine side sees how the best things we got were effortless, just us being ourselves and trusting the universe. My feminine side charmed and enraptured Amit, my friends, and everyone who’s believed in me, all through unlikely circumstances that my masculine side couldn’t have conceived. 

Anyway, the style session was awesome. I’d never been to Danielle’s boutique before and it was amazing. I loved getting styled and changed my outfit plan for the photo shoot. I finally understood what stylists even do and why women packed so many things. This trip was the first in a 6+ week travel sequence for me that spanned many time and weather zones and my masculine side had packed minimally, but I saw how my feminine side needed variety due to the shapes and colors in my face (assuming I wanted my clothes to draw the viewer’s eyes to my face). Afterwards, Sonali said it was a relief that the style session was good because otherwise I would’ve been upset all weekend. Sonali’s smart. 

We had a makeup class with Soyi Makeup and everyone collectively gasped when Kelly showed how to do eyebrows properly and transformed my face. Apparently everyone had been applying blush wrong, except Lisa who always knows everything. 

Deena found a book Amit wrote at the Airbnb we were staying at and it turned out the host had a fine art tableau vivant photograph featuring Amit in her house! How lucky am I, marrying someone so famous!

Then Anna-Alexia came to do photography. I chose Anna because the women in the group are used to being photographed for Forbes and the NYT and stuff, and we know how to be cute/ hot for instagram, but Anna is another level: her portraits pushed our edges beyond professional/ pretty to: what if we’re works of art? 

The unedited outtakes:

Nancy Hua's bridal weekend friends
Nancy Hua’s bridal weekend friends
Nancy Hua liberating the femine
Nancy Hua liberating the femine

The fine art portrait:

Nancy Hua art portrait by Anna-Alexia Basile
Nancy Hua art portrait by Anna-Alexia Basile
Nancy Hua bridal weekend deepening feminine energy
Nancy Hua bridal weekend deepening feminine energy

Anyway, this is just the start of my amazing events, some related to our wedding, others mostly not. I’m leveling up as a host and reviews have been effusive. I’m holding more events as Diana’s manifestation ceremony revealed that I want to go out into my community and have a unique opportunity to craft it to my vision. Here’s a hint of what we’re planning for our wedding, from Nancy Hua Kardashian speaking from my V, to my conscious leadership forum:

Nancy Hua Kardashian talks wedding planning

I am Amit’s Herniated Disc

I was not always a herniated disc. When we were born, I started as a wholesomely plump, perfectly placed, healthy disc. I showed up well in scans and gave nearby nerves a respectful berth. So how did we get here: 3 months of our year disrupted and bedridden?

When we turned 18, Amit started a company, went on trips, started working out. These things hurt— curled in airplanes, bent over devices, hunched at desks— but I was always there to curl, bend, and hunch harder. 

When we turned 19, Amit started a running habit. It’s like Nancy says: being taken for granted is the gift you give the ones you love. Thus was my reward for doing my job perfectly for decades: being taken for granted. Amit barely knew I existed. He often thought of business, Apple products, new technology, but never of me. At 19, he started to run for miles. I didn’t want to admit I couldn’t take it. When it got tough, I gritted my teeth and leaned on everyone around me to suffer through it. I thought about how lots of spines had it way worse (at least Amit didn’t play football), how all the other valiant body parts (the noble brain, the gritty stomach, my old buddy the steady heart) were all counting on me.

After mile 2 of each run, I’d say, “Ahem. Perhaps you should stop? Or get cushier shoes? Or stretch?” But he would speed up, thinking, “I’m tired of being pudgy. If I could have a robot body, I would. But for now I’m stuck with this. No pain, no gain!”

To hear Amit call us pudgy, to hear he’d prefer to discard me for a robot spine— that hurt! Those words hurt more than all the hours of lifting with me versus with our legs. I let out a few tears in the form of stress fractures (that’s how vertebrae cry). But he couldn’t hear me cry. How could I speak so he could hear?

Finally, I threw myself into my neighbors. The nerves and muscles screamed, “Mosh pit time!” The back muscles jumped up and down and spasmed in violent dance at all hours of the night. 

Amit went to the doctor who diagnosed us with a herniated disc. We were bedridden for weeks, then diligently took posture classes, learned the Alexander method. It seemed we’d reached an understanding. Amit was now aware of me. Even if he couldn’t hear me, he was trying to learn how to listen. 

Years passed, then decades. Amit founded new companies, traveled to new countries. When he said, “Sit,” I said, “How many hours?” When he said, “Walk,” I said, “How many miles?” When he said, “Shoulder my luggage,” I said, “How many useless objects can you stuff into how many bags?” I saw that I was an object to him, to be enslaved, maintained, a deficit in the bank account, an obligation on the task list, ideally neither seen nor heard. Our relationship was purely transactional.  

Amit’s friends would compliment him, “You’re so fit. Look at your arms… And you don’t have any fat.” We did have nice arms, but their view struck me as biased. Internals like me, the elegant nerves, the humble gut, etc never got compliments. 

When we were 42, Amit went surfing even though the waves were high. He ignored my niggle of doubt. Nancy had already driven us all the way to the break. We paddled out.

“It’s all up to me,” I groaned as I kept us afloat. But who can win against the ocean? A huge wave pounded against me, and I tumbled in the surf. Battered and bruised, I succumbed to the bashing of the waves. I bowed to the ocean’s power. 

After being struck, scraped, and bruised by the surfboard, we crawled out of the water, and Nancy drove us home. Nancy inspected the skin of our back and said, “When anything weird happens to me at all, like I land weird when bouldering or feel a twinge when fencing, I stop and don’t do anything else that day.” 

Amit did not share this philosophy. Instead, he decided to go on a hike! Up and down the mountain we went. When we were walking home, Nancy was driving home with some guests when she saw us and picked us up. We could barely get into the car, but we stifled our groans of pain so as not to startle our guests. We can’t blame the hike, or the ocean. It was the years of accumulated neglect. I may be a bone fragment, but I was dying of a broken heart.

The next day, we couldn’t get out of bed. But we had to pee. Maybe the urge would miraculously fade… Maybe the pain would ease… Maybe we could wait until after Nancy returned with the muscle relaxers… We waited and waited until finally we got up and lurched to the bathroom. Things were really hurting. One moment we were standing over the toilet, and the next moment, we were on the floor and Nancy was leaning over us. 

One friend who was visiting us was a doctor and took our pulse. “You’re pale and sweaty.” 

Amit wondered, “How can I be pale when I’m brown?”

Nancy explained what she’d witnessed, “I called to you before leaving and you sounded weird, so I barged into the bathroom just in time to see you faint. You fell into my arms and I lowered you to the ground.”

Our friend said, “You should’ve heard Nancy’s chilling screams for help!”

We couldn’t walk, but Amit kept saying, “Don’t call an ambulance.” Nancy called our dad, a retired surgeon. Our dad convinced us, “Go to the hospital.” Amit said, “Let’s ask our neighbor where to go because he works in healthcare.” Our neighbor said, “Go to this ER; it’s good with back issues.” 

Nancy and her friends got us up the stairs and into the car. The doctor friend said, “Maybe you should crawl,” but Amit wouldn’t stoop to this indignity. We slowly thumped up the stairs and heaved ourselves into the car with our arms. 

At the ER, we waited for 6 hours. We finally got an upper back scan and painkillers that didn’t do much, even though they were supposedly the most potent drugs. Nancy got us our favorite snacks, reminded the staff of our existence, and scolded them for bringing over wheelchairs when our main symptom was that we couldn’t sit up without excruciating pain. We finally went home. I don’t know how we got out of the car and down the stairs into the house.

The next day, Amit was worried we couldn’t get up to go to the bathroom again but refused to use a bedpan and forced us to walk to the bathroom again. We didn’t faint this time, but the agony was intense. Every night, we started to cramp despite all the painkillers, heating pads, and ice packs. We’d try to suffer through it as long as possible, kneading our muscles ourselves, fruitlessly, until finally we’d wake Nancy for help. Amit doesn’t like to accept help, but we needed it. Nancy got us supplies and bathed us with hot and cold towels. She nursed us night and day. After hours of back spasms we’d shout, “How are you asleep!” Nancy would wake to massage us, apply heating pads, pull our legs. Amit decided to move to another bedroom so we wouldn’t disturb her as much, but then he convinced her to switch into the other bedroom too. 

We started going to physical therapy and Amit started pushing himself to do the exercises for hours a day. Everyone said to walk but we barely could. Nancy brought us food and every time she walked by us she’d take the opportunity to pull our legs and massage our muscles to help relax and relieve the pressure on our nerves that shot pain down our leg. Amit felt ashamed we couldn’t help with any chores or packing. 

Nancy packed up the house so we could go on our planned next excursion. She was worried about us flying part of the journey alone because we couldn’t walk or carry anything. “You look strong so people won’t know you’re injured without a cane,” so she got us three different foldable canes, one of which Amit deemed acceptable because it was well-designed.

At the airport, we got to board earlier because of the wheelchair. Despite all the physical therapy and Amit’s diligent exercising for a month, we weren’t improving. Amit paid for the lay flat first class seat so that we wouldn’t be in as much pain during the first leg of the flight. At first Nancy also got first class but then couldn’t sit with us because they wouldn’t allow her cat to be in first. She said she’d come visit us during the flight but only came once.

We made a stop in SF to get a full body MRI that Amit’s investor had a deal for. Then it was onto the second leg of the flight. Sitting for hours was agony. We tried taking many walks during the flight and holding ourselves hovering off the seat with our arms, but it was the worst pain we’d had yet. When our parents received us at the airport, they were shocked seeing us wheeled out in such a state. At least we had the cane. 

Our dad called his doctor friends to get us seen right away. Amit marveled, “What would we do without my dad? Without him the MRI would’ve taken an extra 3 months. The ER only did the upper back and not the lower back. Then the SF MRI wasn’t full resolution. All the appointments are backed up for months.”

A month after the accident, we could barely walk or sit. Each morning, we stumbled to the bathroom and collapsed on the ground to meditate, play with the cat, and check our phone. We brushed our teeth on our knees because it hurt to stand.

Amit finally admitted he had to cancel his writing workshop which he’d been waiting to do for years. He couldn’t wait for Nancy to join us and she canceled her plans too.

With our dad calling in favors, we got 2 epidurals over a period of 3 weeks. Each shot did help the pain. We started being able to hobble down the driveway before having to turn back. 

Our original summer plans were canceled, so we were continuing to work on our startup. Every day, we lay on our back for hours, holding our laptop over us in the air. It was hard to take calls or type. 

Nancy said, “You should rearrange your desk setup assuming this is going to be the new normal.’ 

Amit said, “No, I’ll be back in no time!”

“It’s been more than a month so I’d assume it’ll be at least another month.”

Amit’s family rearranged the monitor and desk so that we could lie more comfortably. Amit designed the setup so that he lay under a table on a mattress, and he ordered a platform that swiveled his computer in front of his face for calls.

The pain was improving, but we still couldn’t walk. Worse, Amit started to feel a tingling down our leg and in our foot, even when lying down. “What if I’m like this forever?”

Our dad said, “Now that we’ve done 2 epidurals, the next step we can try is surgery.” It seemed like a safe, minor surgery that would only take an hour. Amit read a paper on it and learned that people in their 50s didn’t get herniated discs anymore because their disc juice dried up by then. 

As we signed up for the surgery, Amit said, “I’m scared I waited too long to get the surgery, that it’s too late.” Luckily, once again our dad was able to call in favors to get us seen in time. All the doctors were Indian and our dad went in to see if he also knew the anesthesiologist. The surgeon made a small incision in our back and used tiny cameras and knives to remove the pieces of me that had come out of the tear. 

Afterwards, we ate cookies, fluffernutter sandwiches, Indian treats, and rested at home. It hurt to lay on our back where the stitches were, but we were walking the same day. Thank goodness for minimally invasive surgery! The hospital scheduled an x-ray but relented when our dad asked why. They also charged us extra bills and then told us not to pay those because they were supposed to bounce back to insurance. Now we know not to be overeager with bill payments. After the fact, Amit also learned that sleeping in the recovery room after surgery cost $12 per minute, but luckily insurance had kicked in by then. 

Amit learned that, to protect me, there were basic exercises he had to avoid from now on. Want to guess what they are? 

They are deadlifts, crunches, and situps, which we often used to do. Nancy was to do all the lifting for the next few months. Gone were the days when we singlehandedly packed up the car for our trips! Amit felt a bit low so Nancy asked, “What’s your positive vision for the future with your back?”

We sent an atheist prayer into the universe, “Dear god, please let Amit have a healthy body, and find exercises like swimming that are good for strengthening his back, and build a relationship with a physical therapy expert that’ll teach him the right things to do so that he can nurture and care for himself and live a long, full life where he adores his spine…”

Although Amit still felt guilt and shame for not being able to lift things and Nancy having to do the lifting and trash removal, he allowed part of himself to enjoy not having to lift things too. 

Amit found a pool. When we got in, he was worried we’d be too slow. We hadn’t been in the water since this all started months ago. We got into the slow lane and found that we were doing ok. We did a few laps. A pool attendant waved us over, “You’re swimming so fast that you have to get into the faster lane.”

Amit smiled. “No, I’m injured so I should go slower.”

Amit and I Got Engaged!

Personal news: Amit and I got engaged earlier this year! Amit said the hardest things about proposing to me were 1) keeping it a secret from me, 2) waiting to match the exact time of our anniversary, and 3) finding the ring. 

Amit says that every time we’d talk about what I wanted in a ring, I’d add on more requirements— I wanted it to be a unique, beautiful, comfortable, expensive work of art that represented our love, and so on. Stressed, Amit looked at hundreds of rings. Luckily, when Amit saw it, he knew this ring was the one. His friend went to 3 jewelers in Germany but they didn’t have it, so he imported it to NYC and got a friend to check it out there. This designer is known for making comfortable pieces fitted to how you wear them. Amit had me trying on ring sizers of different thicknesses and materials at different times of day for weeks to make sure it was the perfect fit. 

Amit put in so much work into the proposal and coordinated with a bunch of friends to pull it off and keep it a secret. He used apple watch data to get the time down to the minute that we reached the peak of the hike that we went on for our first date exactly 2 years prior. He reminded me how, on our first date, he wanted to give me a high five and I was like, “No touching, don’t overstep,” but now we’re in love! 

A week prior to the proposal, Amit’s friend hiked to the top and scouted out the location. Amit schemed with friends to perpetuate the lie that it was just a big surf trip. He even pretended to pack his wetsuit to throw me off the scent. Even though I knew a proposal was coming, I didn’t think it was happening on the hike because there were so many people. He had many backup plans in case it rained or if I didn’t want to go to the top. Friends hid in the bushes to record the proposal and took videos and a ton of legit, fancy photos. Other friends made sure no one was around. Friends texted each other throughout the hike to make sure the timing was right. Another friend put together a beautiful basket of our favorite exotic fruits. Afterwards, a private vegan chef cooked us dinner in her house using local ingredients. Amit also surprised me with a visit to an alpaca farm because I love alpacas. Amit had tried to recreate another part of our first date set in a burning man-esque kombucha shop but gave up after many calls trying to revive the defunct shop. I felt so moved and grateful to be with someone so caring, thoughtful, and logistically competent. He’s so great at community and designing a surprising, delightful experience unique to me. He knows me so well. I’m so lucky he wants to be with me. 

During the proposal, I felt how I muted my emotions. I didn’t know how to celebrate this much joy. I’ve never let myself love this much before. I used to think I would die alone. I never wanted to need anyone, not even my parents, but now I let myself need Amit. It feels great. 

SBF and the Philosopher’s Stone

[Author’s note: This is a parody. I don’t know these people. I took artistic liberties with characters, timelines, and plot. The jargon is based on my own background as an MIT alumna, algo trader, tech founder, and reader of EA/ rationalist writings.]

NYC, 2017.

We’re in a big office space. The windows are darkened. It’s like a casino— we don’t know what time of day it is. Clusters of desks sport 2 to 11 monitors each, screen after screen of financial charts, models of financial data, computer code. This is Jane Street, a quantitative trading firm.

A young trader turns to a middle aged trader, points to a graph on his computer screen, “Does this analysis show the lead lag correlation between ETF—” 

The older trader says without looking up, “Ask SBF.”

We cut to a cluster of young traders sitting around the desk of a crazy-haired, sloppily dressed 25 year old. This is SBF, aka Sam. He’s playing a video game while fielding questions, his fingers flying over the keyboard, clicking on macros on his custom gamer mouse to quickly execute multiple complex commands with a single touch. 

A trader asks SBF, “The exchange confirmed the positions. What do you want to do to offset the risk on these overnights?”

SBF doesn’t look up from his video game, “Hedge it with SPY’s. But not 100%. Our models picked off those orders before their cancel messages were executed so we should have some edge.”

The traders around him take notes. One of the traders whispers to another, “I heard he was the highest paid trader of his class.” 

A trader asks SBF, “How do I make as much money as you? I’ve been here longer and you’re tracking to make 20X more than me.” He looks around, embarrassed, then shrugs. “Not like our bonuses are secret.”

SBF says, “I work hard. And I try not to be wrong about important stuff.”

The traders take notes. “And how do you do that?”

SBF shrugs. “I guess… I always think about work. And I make sure to be right and smart and rational.”

“But… what if you want to go have fun?”

“What do you mean?”

“Like… go to a party, or a date.”

“Just don’t do that.”

“Don’t you get tired?”

“Oh. I take nootropics and drugs for that.”

The traders take notes.

A frizzy-haired girl with glasses and buck teeth asks, “Sam, the algorithm you were talking about today that only works in high vol environments… Are you going to run it tomorrow?”

Hearing her voice, SBF does look up from his video game. He says, “Why not, Caroline?”

Caroline is the only girl in the room. She stammers, “Well, if the economic release tomorrow is like the last one, your analysis showed it might fluctuate by a whole day’s PNL in a few minutes. Is it worth risking all our other models’ performance-”

SBF talks excitedly, jabbing his finger down onto his leg for emphasis. “If it’s positive expected value and has long term potential for good risk adjusted returns, it’s our job to figure out the trade. If the numbers check out, it’s our moral duty as traders- nay- as rational actors, to stomach the risk. Otherwise another firm could build it out and eventually crush us.” 

Caroline gulps. The other traders look at SBF with admiration and respect. He’s got nerves of steel and thinks so strategically. It’s impossible to argue with his logic.

Caroline presses, “But why not try it with smaller size first?”

SBF says, “Some things work best if you go… big.”

Caroline blushes. 

SBF’s eyes widen. He abruptly goes back to coding and playing his game with renewed vigor. 

===

Palo Alto, 2017.

SBF is home for the holidays. His parents’ advanced degrees and photos with Steve Jobs, Nobel laureates, and famous Stanford alumni line the walls. The modified-Eichler house is beautiful, warm, and very Bay Area with its skylights, glass walls, compost bins, solar power, natural textiles, redwood floors. Everyone is sitting down for a vegan dinner.

SBF’s dad says, “I talked with Professor Gordon today. His son’s nonprofit’s doing well. Did you know he started one? They’re working with the Gates foundation on tackling malaria.”

SBF nods, eats hurriedly without tasting anything. 

SBF’s mom says, “How’s your work, Sam? Are you having fun? Making friends? It’s still a surprise to me that you’re a trader, whatever that is. I was telling my friend today I was sure you’d be a professor like us.” 

SBF’s dad says, “I’m glad he went into something different. Not everyone has to worry about saving the world.”

SBF protests, “I care about the world! I earn to give. I donate a majority of my income-”

SBF’s mom soothes him, “Of course you do, honey. No one has a bigger heart than you. You’re our star.”

Everyone keeps eating. 

SBF’s mom says, “So how involved is Bill Gates with that project? I heard malaria was one of his highest priorities.”

After dinner, SBF calls his friend, another Sam, nicknamed Trabs. SBF fidgets and starts playing a computer game as he waits for the call to connect.

Trabs answers, “Hey, Sam.”

“Hey Sam. What’s up?”

SBF pauses. He abruptly minimizes the game from his screen. He leans forward and speaks with a new intensity, “Do you ever think about what this is all for?”

“You mean, the meaning of life?”

“Yeah.”

“Um… not really. I mean… isn’t it about having fun and learning and stuff?”

SBF starts fidgeting and pacing. “I know we’re not supposed to talk about work because we’re from rival firms, but I’m one of the top at my firm. I know you must be crushing it too. This field is just not that deep. No one really knows what they’re doing. I built our derivatives platform in my 2nd year. Junior lab was harder than this. We had problem sets freshman year that were harder than this. Think what we could do if we took more risk.”

Trabs hesitantly replies, “What do you mean more risk? We take risk every day-”

SBF cuts in, “We take risk on behalf of the firm, but not in our own lives. Don’t you see? There’s more to life than making millions of dollars a year.” 

Trabs laughs. “You mean like… making billions of dollars a year?”

SBF chuckles but is serious. “Right. That’s literally impossible if we stay at our trading firms.”

“People would say we’re crazy to walk away from-”

“We’re not ‘people.’ Normal people are struggling to pay rent. Our BATNA is that we move in with our infinitely supportive parents and live amazing lives. Or just get other jobs making at least a few hundred grand a year. People of our opportunity, privilege, and talent have a duty to take more risk, to be more.” 

“So… how do we do that?”

===

1 year later…

Berkeley, 2018. The office is crowded, desks jammed right against each other, monitors everywhere. There’s a small sign written in sharpie that says Alameda Research on the door, otherwise it’s nondescript. SBF is sleeping in the office on a bean bag. The vegan protein drinks he subsists on are littered everywhere. It’s past midnight and his coworkers whisper so as not to disturb him. The office is full, everyone still working, unkempt, long hair, dirty hair and feet.

Caroline and Trabs are interviewing a candidate who’s dressed in a suit while they wear gym shorts and MIT/ Stanford t-shirts. The candidate stifles a yawn and says, “The answer is root n over e.” Caroline and Trabs look at him, impressed. 

Trabs says, “Did you do that in your head?”

The candidate nods, “Yes.”

Trabs looks over at Caroline, who says to the candidate, “Can you please wait outside for a moment while we confer?”

The candidate exits. Caroline turns to Trabs, who looks excited. He smiles at her hopefully, “Well?”

Caroline says, “Send the candidate home. Not worth waking up Sam over.”

Trabs protests, “But no one else has ever gotten those answers that fast. I think we might’ve postulated a new theorem. And look-“ Trabs gestures to the candidate’s resume. “International math Olympiad, international informatics Olympiad, international physics Olympiad-”

Caroline interrupts, “Sounds great for a sleepy monopoly like Google that just needs to not die too fast. You know what Sam says. We have to have the whole trifecta.” She counts them off on her hands to demonstrate, “Super genius, crazy hard working, and self sacrificing. This person isn’t inspired by a huge mountain of work and the prospect of saving humanity. Most people just want to make enough money to go home to their families and enjoy their lives.”

Trabs pulls at his hair. “So?”

Caroline retorts, “Which isn’t enough for our mission! Sam says once you have kids, you can no longer think rationally. Your utility function gets warped into prioritizing your own kid over random strangers. You start valuing your first million dollars more than the next million dollars. That’s irrational. We need people who are monkishly devoted to work, who always want the next million as much as they wanted their first million, who see the importance of making more money so they can save more lives today, who feel as urgently about saving a stranger’s kid as they would about saving their own kid. You can’t be a monk if you have kids. Even if you’re smart and hard working, you can’t save all the suffering strangers in the world if you’re not willing to take a massive calculated risk.”

Trabs sighs, defeated. “I’ll just say, ‘not a culture fit.’”

===

2 years later… 

Hong Kong, 2020. 

The office is again packed with desks and nerds hard at work. The city glitters below them. It’s past midnight. The employees are kids who wear t-shirts that say “FTX.” 

SBF sits with a serious, thin, middle aged Chinese man. The Chinese man sizes up SBF, who plays a computer game. SBF’s hair is longer and unrulier than ever.

The Chinese man says, “So, what make you think your exchange will survive? Why people use FTX instead of Binance?”

Without looking over, SBF says, “With all due respect, CZ, sir, because we let them trade cheaper and faster.”

CZ rubs his chin, looks skeptical. “How you give better price?”

SBF says, “The full details are proprietary, but our liquidity engine funnels the tough to match orders to Alameda, who’s better able to internalize that flow because it trades a larger basket.”

“And you let the customers trade with leverage? How you collateralize?”

“Same way everyone else does.”

CZ grins for the first time. “Yes. Tokens. We both discovered alchemy- the secret of turning shit into gold!” CZ cackles and makes money gestures with his hands.

“I don’t want that. I’m in it to make an impact.”

CZ scoffs. “Come on.”

“It’s true! I want to do the right thing. The logical thing. The right business choice.”

CZ smiles knowingly. “You want me show you right way do business in Asia?”

SBF nods earnestly. “Yeah. Of course.”

We cut to CZ and SBF in a casino sitting at a betting table surrounded by dancing women. Chinese music blasts and CZ takes a shot. The scantily clad women rub themselves against CZ and spill alcohol. SBF sits on his hands, nervously shaking his legs. His fingers itch for the comfort of his gaming mouse. A woman strokes his hair and he shrinks from her touch. 

A woman approaches with a whole roast pig. CZ says to SBF, “Eat the face. Best part.”

Grey faced, SBF shakes his head and swallows an urge to vomit.

“Which girl you like?”

“I’m good. No thanks.”

“You ever go to casino? Splash cash?”

SBF shakes his head no.

“You should spend more time here. This is the business we’re in. Gambling. You know how I learned about crypto? While playing poker! I was degen. I went homeless to buy crypto. Have you heard more degenerate shit than that? Like addict. Crypto religion. That’s why I know my customers. Everyone in crypto because like us. Dream of big money, better life.”

SBF demurs, “I just want to add liquidity to markets-”

CZ leaps up and throws the roast pig off the table, stunning SBF into silence. A woman runs to clean it up, wiping on her knees, picking up the food with her hands. CZ ignores her. “You pretend you are better. Better than human. You pretend you don’t like food, sex, money. You‘re a machine for altruistic purpose, a god, above base urges, right? But how will you give the people what they want if don’t admit the vice in every man?”

“I don’t— I think—”

CZ looks disgusted. “You think too much, Sam. Outside you talk pure, inside you’re dirty like the rest of us.” CZ addresses one of the scantily dressed, dancing women. “Agree? Aren’t the nastiest lovers the ones who button up and tie their ties perfectly?” CZ looks back over at Sam. “How much you want to bet she agrees? $10K? $100K?”

Sam shakes his head, “I don’t want to bet against you. I wouldn’t know. I agree with you.”

“What kind of trader doesn’t bet?”

“All my trades are automated.”

“Of course!” CZ slaps his leg. “You hide behind math and machines. But have you been tilted? Have you been stuffed with a bad order and felt the sinking in your whole body as it moved against you? Have you agonized over whether to puke out of your position and eat the loss, or to let it ride on the blind hope it’ll come back?”

“I would never do that. That’d be irrational—”

“Ha! Rationality nothing. Everyone has limit. You haven’t been pushed, but one day must. On tilt. Then learn the hard lesson we all must learn. How it feel to be horribly punished for mistake. Denial, shock, loathing, blame, doubling down, make it worse, dig in deeper…”

“I would never do that.”

“Let’s test.” CZ’s smirk drops. “I flip this coin. You call it. If you win, I give you $50MM investment for 20% of FTX. If I win, you give me 20% of FTX for free.”

Sam doesn’t hesitate. “Heads.”

CZ flips the coin into the air… It’s tails.

CZ grins, the coin in his palm. He starts to withdraw his hand when Sam reaches out to stop him. Surprised, CZ halts with the contact. 

Sam says, “Again. This time, I flip, you call it, $100MM for 20% or I give you 40%.”

CZ looks intrigued. “Now wondering, do I even want 40% given this interaction? And how much you are considering how to enforce this agreement?”

Sam shrugs. CZ hands him the coin. Both their eyes are on it as Sam flips it in the air…

===

1 year later…

A montage of people talking about FTX:

A day trader signs up for FTX. “You mean I can make money fast, easily, without posting much cash upfront? Genius.”

An effective altruist admires SBF. “He’s my hero. He’s proof that if you work hard, are well intentioned, super rational, and a genius, then you win. And humanity wins. Genius.”

A venture capitalist: “I love the risk neutral thing. One of the reasons Sam’s my favorite founder. At a big fund like ours, we don’t care if you make a lifestyle business, or even if you sell for a hundred million. We need bets that could potentially return the fund, otherwise it’s worthless to us. And normally founder interests aren’t aligned with that, but for Sam, that’s not the case. He doesn’t want to just make a few billion and call it a day. Heck, he’s already done that. He’s a billionaire but in his mind he’s fighting for the next dollar like he’s penniless. If I had 1% of his money, I would never work again. And yet he won’t settle for anything less than making ALL the money. And it’s brilliant how he justifies his greed using arithmetic around effective altruism. I think he actually believes it too, which makes it all the more effective. Genius.”

A celebrity listens to the investor talk. They sit across from Trabs. The celebrity nods along. “So if I get people to sign up for this thing, I’ll make more money?”

Trabs says, “More money for the community.”

The celebrity nods. “Sure, for ‘the community.’” The celebrity winks at the investor. “I already have hundreds of millions of dollars, but I’ve never had a billion.” 

The investor says, “This is guaranteed to score in the end zone. And who better to know about that, right? You’ll finally have billionaire status.”

===

SBF, Caroline, Trabs, Caroline’s parents, and SBF’s parents are all at dinner. SBF’s parents say, “I’m so glad we could help! Your company is world changing. I was just telling Professor Gordon that maybe his son should apply for one of your grants.”

SBF has a small smile. 

He glances over at Caroline, who’s gazing into Trabs’ eyes. Trabs and Caroline laugh together at a quiet inside joke. She shoves Trabs playfully. SBF’s smile drops. 

===

CZ watches SBF testify to Congress on TV. The chyron reads, “SBF lobbies against low integrity exchanges like Binance, calls for regulations, higher standards.” He throws a platter of whole roast pig across the room. He glares at SBF’s talking head on TV. “You think you’re so much better than us? You want to wipe us out? I will show you… Soon we see how each strength is also weakness. Faith in rationality blinds you to common sense. The key to your destruction is inside you. Just need to wait and help pull the trigger…”

===

1 year later…

Bahamas, 2022.

Trabs and SBF lounge are in their beautiful mansion. In contrast to the elegant molding and staircase, Trabs and SBF are dressed in slovenly clothes and are generally unkempt. The TV is behind them broadcasting how LUNA and all of crypto is tanking at a breathtaking rate.

Trabs says, “We can’t handle this toxic flow. These moves are massive, huge market gaps. And now we’re bailing out others? Where’s our bailout? All the other market makers pulled out so Alameda was left holding the bag.”

SBF shrugs, “Maybe our company doesn’t deserve to exist. If Alameda liquidity isn’t providing the FTX promise of best prices, speed, and least cash upfront, then FTX dies too. What’s the alternative to sticking it out?”

Trabs says, “The alternative is to just focus on the exchange. Being undercollateralized could kill-”

SBF interjects, “If people want to accept our token as collateral, who are we to-”

Trabs says, “I don’t want to accept it as collateral!”

SBF and Trabs look over at Caroline, who’s been sitting silently in the corner. SBF says, “What do you think, Caroline? You’re the Alameda CEO.”

Caroline squeaks, “Co-CEO.” She sighs. She hates when they fight. “I guess I don’t agree with Trabs… I think we have to keep doubling down. It’s… how we’ve gotten here. It’s the rational thing to do.”

SBF nods. He says, “The meaning of life isn’t keeping FTX alive. The bigger mission is to do as much good as possible. Even if it doesn’t work out 90% of the time, if the upside is so large that it’s positive EV, then we have a duty to do it.”

Trabs buries his face in his hands. “But now it’s so much more at risk. When is it enough? We’ve succeeded beyond our wildest dreams. When do we get to rest?”

SBF furrows his brow. “Rest? Enough? There are millions of people dying every day-”

Trabs groans. “Stop!” Everyone is silent for a moment. “What about us? I want a family one day. I want-”

SBF’s voice cuts Trabs off. “A family? That’s the most selfish thing I’ve ever heard.” He looks at Trabs with pain and betrayal. He had thought of them as a family. How could this not be enough for him? SBF’s face shows a moment of anguish before stiffening. “You want to leave? Is that what you’re saying?”

Trabs looks at SBF, “You know I don’t mean that. You’re my best friends. I would never leave you.”

SBF turns his back on Trabs. “If you’re not 100% with us, you’re a liability.”

Trabs’ eyes widen in disbelief. “Don’t do this, Sam. Why is everything so black and white with you? The world isn’t like that.”

“My world is. I don’t get to be normal. I’m either the hero or the villain, the good guy or the bad guy. I either save the world, or I fail.”

“Sam, we’re your friends. We love you even if you don’t do anything.”

SBF snorts in derision. “I’ll leave you two to figure out it how to announce it to the team.”

Trabs looks hurt and disbelieving. “You can’t wait to get me out of here.” He looks at Caroline. “And you. You always choose him, don’t you?”

Trabs rushes out of the room. Caroline pauses, looks at SBF uncertainly, then follows. SBF is left alone. The sun glitters in this tropical paradise while the tv shows the crypto world crashing. He’s distraught and quickly paces around the room, not sure what to do. He pulls out his computer and starts playing a video game.

===

A few months later…

SBF’s parents call him. He doesn’t answer the phone. They leave a voicemail, “Sam, we’re all so proud we get to work with you! I told Professor Gordon you’re the only one doing the right thing in this space.”

SBF cringes, hardens his jaw, plays his video game.

===

CZ watches Sam on TV. “You betray me for the last time. Such a good mask, you fool your team, reporters, even yourself, but you can’t fool me. You say you care about humanity, but you deny part of what makes you human- ego, selfishness, fear, stupidity. Now time to call your bluff… SBF, welcome to the human race.”

CZ tweets, “Due to recent revelations that have came to light, we have decided to liquidate any remaining FTT.”

===

Millions of traders react to CZ’s tweet and type rapidly on their computers.

In the Bahamas, Caroline’s team is in chaos. Dashboards are flashing red alerts, phones ring endlessly. An FTX employee asks Caroline, “All the customers are cashing out. Should we call Sam?”

Caroline looks like a deer in headlights.

===

Caroline and SBF pace around the room in silence. 

Caroline suddenly bursts into tears and runs into SBF’s arms. He holds her. 

Caroline cries. “I’ve ruined everything! I knew I wasn’t good enough. I’m just a kid. Alameda is dead. And now Trabs is gone.”

SBF’s face hardens. “We don’t need Trabs. I’ll take care of it.”

Caroline looks up at SBF and sniffles. “You’d risk FTX to save Alameda? But why?”

“There’s more to life than making billions of dollars a year.”

She looks up at him blankly. “There is?”

SBF looks at her tired, dear face. They’ve been through a lot together. Many time zones, many adventures, she’d always stuck by him. “Your utility to me is infinite.” SBF wipes the tears from her face. Cut to black.

===

A montage:

FTX-affiliated employee: “We wasted 1 to 3 years on this. That’s a long time! Now what do we do? Will anyone hire us if we don’t disavow? We always knew he was evil!”

An effective altruist: “He was evil, unlike me— I’m the good guy. It’s impossible that working hard, having good intentions, and being a genius isn’t enough. So logically he must’ve been not enough of one of those things. He’s smarter and harder working than me, so he must’ve been actively evil. He’s supposed to shut up and multiply when calculating EV, but not like that. I would never do what he did.”

MIT alum: “What if being MIT turns into a red flag for VC’s? At least we weren’t in his weird living group. You see, MIT has these houses called ILG’s—”

Celebrity: “No comment.”

FTX trader: “You mean he tried to make an easy, quick buck gambling, levered up, without posting cash upfront? What the heck? I would never do that! He’s a cheat!”

Business partner: “We were cheated.”

Warren Buffett: “My partner Charlie says you can’t cheat an honest man.”

CZ: “People say I wiped him out. I’m old man compared to SBF. Forgive me if I use old fashioned techniques like long squeeze, bank run. Not that I did. I only want to help the community.”

Trabs: “I think Sam thought of himself as a hero and acted as such. The cardinal sin of a business hero is losing money. Thou must make money, so he did what he had to do to fill that business hero role. A romantic hero must risk all to save the girl. An altruistic hero must risk all to save the world. Sam saw an opportunity to do all 3 and he had to take it. I think we put too much trust and responsibility in 1 person, which is how we got to the $30B+ valuation so fast, but it’s also how we lost it and more. It’s human to fail sometimes. And it’s human to make people into heroes and then love it when they topple off the pedestal.”