3 ms·
Why did Sequoia write this in the first place? Haven't seen VCs do that too often!!
by soumyadeb 4y ago
Why did Sequoia write this in the first place? Haven't seen VCs do that too often!!
- jasonwatkinspdx 4y agoSBF was investing 100's of millions with them. This is them uhm... offering him glowing praise. But also there was material interest. Even though SBF was investing in Sequoia, he also raised from them, and part of the logic there would be it lends Sequoia's reputation to his venture. So they'd be quite happy if this fawning article triggered some media coverage of their crypto boy genius.
- thelastbender12 4y agoSam already had a boy genius profile, and more positive coverage of him would plausibly have translated to better returns on their investment in FTX.