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

November 10, 2022 by DIGIT

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. Go to Source Powered by WPeMatico

Categories airbnb, Apple, assets under management, Global Growth Fund III, Google, Insolvency, Sequoia Capital, Sequoia Capital Global Equities Fund, solvency


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,666.00-2.86%
  • ethereumEthereum(ETH)$3,051.04-3.18%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.04-3.83%
  • binancecoinBNB(BNB)$885.92-1.94%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.77-6.34%
  • tronTRON(TRX)$0.2859280.92%
  • staked-etherLido Staked Ether(STETH)$3,052.24-3.20%
  • dogecoinDogecoin(DOGE)$0.139156-6.64%
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  • bitcoinBitcoin(BTC)$89,666.00-2.86%
  • ethereumEthereum(ETH)$3,051.04-3.18%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.04-3.83%
  • binancecoinBNB(BNB)$885.92-1.94%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.77-6.34%
  • tronTRON(TRX)$0.2859280.92%
  • staked-etherLido Staked Ether(STETH)$3,052.24-3.20%
  • dogecoinDogecoin(DOGE)$0.139156-6.64%