> (in December, their $1.8 million Palo Alto home was used to secure a $250 million bail package after Bankman-Fried was released on a personal recognizance bond.
Their Palo Alto home is worth only $1.8M? Do they live in a 1BR/0.5BA shed?
edit: Apparently the assessed value (for property taxes) is $1.8M. But realtor sites estimate it at $3.1M, and it was apparently renting for $12,000/month back in 2013. Still cheaper than I thought for a 4-br home on Stanford's Dish
> (in December, their $1.8 million Palo Alto home was used to secure a $250 million bail package after Bankman-Fried was released on a personal recognizance bond.
Their Palo Alto home is worth only $1.8M? Do they live in a 1BR/0.5BA shed?
edit: Apparently the assessed value (for property taxes) is $1.8M. But realtor sites estimate it at $3.1M, and it was apparently renting for $12,000/month back in 2013. Still cheaper than I thought for a 4-br home on Stanford's Dish
https://sfstandard.com/business/inside-sam-bankman-frieds-pa...