Market Cap: $2,458,666,230,957
24h Vol: $153,909,498,223
Cryptocurrencies: 28569
Markets: 116688
Cryptocurrencies: 28569
Markets: 116688
Market Cap: $2,458,666,230,957     
24h Vol: $153,909,498,223
cryptonews 2022-11-23 13:50:00

Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX

Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX. The apology was reported by the Wall Street Journal, citing people familiar with the matter. Sequoia’s partners reportedly told the fund investors on a call on Tuesday that the firm would improve its due-diligence process when it comes to future investments.... Read More: Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
esptco-banner img
Latest News

Videos

  • What Is Better ? Hardware Mining or Software Mining? Pros & Cons Fully Explained!

  • Stellar XLM: What is Stellar Lumen? EXPLAINED!

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

  • What is Cryptocurrency? | Everything About Cryptocurrencies!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire