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Presumably Sequoia wouldn't have done it if they weren't getting anything out of it. Is it too crazy to assume that they agreed to invest ~200M, in return for ~
by fasthands9 4y ago
Presumably Sequoia wouldn't have done it if they weren't getting anything out of it. Is it too crazy to assume that they agreed to invest ~200M, in return for ~200M back and a percent of some token or stream? Both they and SBF would know a 200M investment would attract serious attention and retail buyers but both would need the other to make the headline.
I don't want to sound too conspiratorial but seems odd they would bother to do a transaction for this while lending their name unless they were getting something back.