I assume this is a tongue-in-cheek reference to Chamath’s latest drama: https://twitter.com/chamath/status/1693992134796603477

This is a reference to https://nitter.net/chamath/status/1693992134796603477 I believe.

the arena is stupid and it's fair to point that out.

Such an honorable enterprise, fighting to secure exit liquidity from dud investments.

I mean, the man knew he was going to relinquish his joke privileges when he decided to try his luck in the arena. Seems like a fair tradeoff to me!

When the man in the arena is Jordan Belfort: yes, jokes are appropriate.