Sequoia slashes its crypto fund by 66% after industry collapses: Report
[Jul 27, 2023 7:25 PM] The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022.
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Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
[Jun 29, 2023 4:30 PM] Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out…
Sequoia Capital, Paradigm among VCs facing "tricky" FTX investor lawsuit
[Feb 15, 2023 12:21 AM] It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer.
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
Sequoia Capital marks down entire $214M FTX stake to zero
[Nov 9, 2022 11:40 PM] The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.