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The venture capitalists at Sequoia—the powerful investors behind Silicon Valley success stories like Google and PayPal—were certainly taken (or taken in) by him
by ilamont 4y ago
The venture capitalists at Sequoia—the powerful investors behind Silicon Valley success stories like Google and PayPal—were certainly taken (or taken in) by him. Three months ago, one of the firm’s partners, Michelle Bailhe, offered a breathless take in a firm-sponsored story about SBF:
“Of the exchanges that we had met and looked at, some of them had regulatory issues, some of them were already public,” Bailhe wrote. “And then there was Sam.” FTX, Sequoia felt, was “Goldilocks-perfect.”
In colorful language, Sequoia partners reveled in their appreciation for his pitch for FTX.com as the center of all monetary transactions. In their own words:
“I LOVE THIS FOUNDER,” typed one partner.
“I am a 10 out of 10,” pinged another.
“YES!!!” exclaimed a third.
The firm has since deleted the article.
https://www.commonsense.news/p/the-32-billion-crypto-scammer https://www.commonsense.news/p/the-32-billion-crypto-scammer