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These large funds are pretty diverse, check out the letter Sequoia sent out to their LPs regarding FTX [1]. Sequoia's 150M cost basis for their FTX investment o
by afvictory 4y ago
These large funds are pretty diverse, check out the letter Sequoia sent out to their LPs regarding FTX [1]. Sequoia's 150M cost basis for their FTX investment only accounts for 3% of the committed capital of the fund.
[1] https://twitter.com/sequoia/status/1590522718650499073 https://twitter.com/sequoia/status/1590522718650499073