2 ms·
One thing I learned from this FTX situation is that VC firms are horrible at their job. How does one of the world's largest VC firms, Sequoia, with 90b dollars
by impulser_ 4y ago
One thing I learned from this FTX situation is that VC firms are horrible at their job.
How does one of the world's largest VC firms, Sequoia, with 90b dollars in assets not do simple due diligence on their investments.
Do VC firms not do background check on executives, or look at financial statements of the company they put their money in?