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One interesting story that's gotten a little lost in the chaos is that after Sequoia invested in FTX, Bankman-Fried also invested $200M into two Sequoia funds:
by JauntTrooper 4y ago
One interesting story that's gotten a little lost in the chaos is that after Sequoia invested in FTX, Bankman-Fried also invested $200M into two Sequoia funds:
https://www.ft.com/content/993942cb-1a7e-4689-9d9d-8434d4a74cc5 https://www.ft.com/content/993942cb-1a7e-4689-9d9d-8434d4a74...
- zktrust 4y agodoesn't make sense. if this guy invested 200M USD into Sequoia and then Sequoia invested 150M into FTX. This is not even breaking even and also washtrading.
- thisarticle 4y agoGot Sequoia’s name on their site though didn’t it?