Sequoia Capital marks down entire $214M FTX stake to zero

Publikováno: 10.11.2022

#Sequoia Capital #Global Growth Fund III #Sequoia Capital Global Equities Fund #Apple #Google #AirBnb #Assets Under Management #Insolvency #Solvency

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The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.