"What we did instead is we did not. The market rallied. We were just clouded in our judgment and we were not scaling the firm the way we should have. So that was probably one big one. The other one was after the liquidation I should have just had blinders on to the media and focused on creditors only and probably just had a round table and said these are what I think the options are. What do you think the options are? And if that were the case I think we probably wouldn't be in bankruptcy. We would've found one of the solutions that I just mentioned." - Kyle Davies Fresh out of the studio, Kyle Davies, co-founder of 3 Arrows Capital aka 3AC, joined us in a discussion to discuss their firm's demise in June 2022 and its aftermath after filing Chapter 15 bankruptcy. He explained why and how the firm's thesis on the crypto super cycle failed with the Luna-Terra collapse and offered his thoughts on the current meltdown of the crypto markets amid the ongoing meltdown. Last but not least, he offered his responses to several allegations and why he challenged the hosts of "On the Brink" podcast on a debate about BlockFi and his perspectives on the current state of crypto post-FTX-collapse. Podcast Information: The show is hosted and produced by Bernard Leong (@bernardleong, Linkedin) and Carol Yin (@CarolYujiaYin, LinkedIn). Sound credits for the intro and end music: "Energetic Sports Drive" and the episode is mixed & edited for both audio and video formats by G.Thomas Craig (@gthomascraig, LinkedIn). For the first time, we have this episode recorded in video format. Our host Bernard Leong's disclosure and excerpts on the opening for this podcast: "Welcome to Analyse Asia, the premiere podcast dedicated to dissecting the pulse of business, technology, and media in Asia. I am Bernard Leong and today’s conversation totally deviates from my usual format. ... Under normal circumstances, I would have them dig into their investment thesis, career highlights, and how they are helping the crypto ecosystem. But today we will (mostly) focus on the demise of 3AC from Kyle’s point of view. One quick disclaimer before we start: I am a web3 investor and retail crypto investor but I do not have any business dealings with Su or Kyle or 3AC. I have my own opinions on the recent crypto crash & the players involved but I won't be sharing my perspectives today. The aim is to let Kyle share his story from his perspective and let the audience decide for themselves. Of course, everything that we discuss here does not constitute investment advice but for informational purposes only, so do your own research (DYOR). ... "

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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