> Plus their name gave FTX credibility that probably led to others investing This is key. Have some friends who got into YC. As soon as they did, they had inv

> Plus their name gave FTX credibility that probably led to others investing This is key. Have some friends who got into YC. As soon as they did, they had investors offering them money who had barely even seen their deck. Probably the same happens with Sequoia. Investors see that Sequoia invested and they just blindly follow suit.