That’s my guess too. I’m guessing there was a provision attached to the Stripe investment precluding any investment in competitors. Sequoia may not have seen Fi

That’s my guess too. I’m guessing there was a provision attached to the Stripe investment precluding any investment in competitors. Sequoia may not have seen Finix at a competitor but Stripe did. And if that’s the situation, the startup shouldn’t have to suffer because the lead investor messed up. Pulling out but letting the startup keep the money and get the board seats back is really the only correct move.