Founder of Three Arrows, Failed Crypto Fund, Lives a Rich Life
Mr Zhu said he was dismissing criticism.On Twitter, he responded to a negative Wall Street Journal article quote John F. Kennedy: “We have chosen to go to the moon and do other things in this decade not because they are easy, but because they are hard.”
“I’ve created 75 jobs,” he said over dinner in Singapore. “At least these people like me.”
This month, Open Exchange launched its own cryptocurrency called OX, which is like an animal. Prices soared within days. “I’m feeling the early 3AC feeling again,” Mr Davis wrote on Twitter on Tuesday. “There’s nothing like the energy of a startup.”
In private, Mr Davis has been encouraging Three Arrows creditors to trade their bankruptcy claims on the Open Exchange.in january he invited creditors Participate in the “Interim 3AC Creditors Meeting”. But during the call, Davis kept talking; he ended the meeting just as someone tried to ask questions, according to two people familiar with the matter.
In Barcelona last month, Mr Davies seemed relaxed and spoke effusively of the “amazing cafés” on La Rambla, the busy avenue that cuts through the center of the city. One Saturday night, he had a late dinner at Els Pescadors, a seafood restaurant near the beach, ordering oysters, croquettes, local wine and three glasses of whiskey.
By the end of the meal, Mr. Davies was eloquent about the business idea. In Dubai, he said, he had inquired about opening a chicken restaurant, possibly in the form of a cloud kitchen, without a storefront. For a while, he and Joo considered making a movie about Do-gwon and Luna’s breakdown. “Our idea was basically that we would do an empathy film,” he said. “We have a whole team going to make it at Sundance or something.”