Back to Sequoia Capital
Mixed
Lost $213.5M on FTX investment. Marked to zero after SBF fraud conviction. Published glowing profile of SBF. Claimed "rigorous due diligence" but missed $8B customer fund theft. Loss offset by $7.5B fund gains.
Lost $213.5M on FTX investment. Marked to zero after SBF fraud conviction. Published glowing profile of SBF. Claimed "rigorous due diligence" but missed $8B customer fund theft. Loss offset by $7.5B fund gains.