Business columnist Gene Marks is angry. He feels that venture capital firm Sequoia Capital did the other 99.99999% of us harm by investing in FTX. In his words, “super-smart people led millions of uns...
Tag: Sequoia Capital
Will Crypto.com Thrive Or Take A Dive Post-FTX?
| Getty Images Key Takeaways Crypto.com’s CEO stated that the company’s exposure to FTX was limited to $10 million instead of the $1 billion many initially feared. Crypto.com reported that it had reco...
Sequoia Capital apologizes to investors after $150 million FTX loss: WSJ
Sequoia Capital partners apologized to investors for the $150 million it lost on investments in crypto exchange FTX, the Wall Street Journal reported. In a Tuesday call with investors, Sequoia p...
Sequoia says its investment in FTX is now worthless
Sequoia Capital, a leading venture capital firm, said in a letter to its limited partners that it has marked down the value of all its investments in FTX to zero. The letter, sent today by th...
Buzzy Parisian Brand Destree Opens First Paris Flagship Store
The interior of the new Destree store in Paris. Photos Courtesy of Destree The much-talked-about ready-to-wear and accessories label Destree, whose investors include A-List names such as Jessica Alba,...
Zilingo Sidelines Communications Director Amid Ongoing Internal Accounting Probe
Naushaba Salahuddin (left) and Ankiti Bose attend “The Bloomberg 50” Celebration at The Morgan … [+] Library on December 09, 2019 in New York City. Jemal Countess/Getty Images for Bl...
VC Heavyweight Sequoia Names Roelof Botha As New Global Leader
Roelof Botha, Sequoia’s new global leader, says “I really care passionately now about turning my attention to helping this partnership be positioned for the future.” Sequoia Sequoia ...
Sequoia Capital Unveils a $500–600 Million Crypto Fund to Invest in Digital Assets
Sequoia Capital, a major US venture capital firm based in California, has announced today that it has launched a cryptocurrency-focused fund that will enable it to focus on investing in crypto tokens ...
Sequoia Launches $500 Million Fund To Invest In Crypto Tokens As Silicon Valley Throws Billions At Blockchain
Topline Fresh off a record year for crypto funding deals, storied venture capital firm Sequoia Capital announced Thursday it has launched a crypto-focused fund with between $500 million and $600 milli...