I'm not sure I follow the argument. It seems entirely possible that large firms invested in FTX because they had information that indicated that it would be a l

I'm not sure I follow the argument. It seems entirely possible that large firms invested in FTX because they had information that indicated that it would be a lucrative investment and that it would be unwise for non-profits to rely heavily on FTX donations. Those two things seem barely related. Why would the leadership of a non-profit see that Sequoia is investing in FTX and conclude that therefore it's reasonable to reorganize the non-profit to rely heavily on FTX?