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.
Sequoia Capital marks down entire $214M FTX stake to zero
- Post author:MiamiCrypto
- Post published:November 10, 2022
- Post category:Airbnb / Apple / assets under management / Global Growth Fund III / Google / Insolvency / Sequoia Capital / Sequoia Capital Global Equities Fund / Solvency