Sequoia reportedly lost $213m on the FTX debacle (though has billions in gains from elsewhere to offset these losses). I'm wondering, will Sequoia increase pressure on the remainder of its portfolio to turn a profit? Will they increase scrutiny of each business? More generally, how do VCs react to losses?
I'm working for a VC backed startup, so I'm wondering how these sorts of situations may indirectly affect me.
Comments URL: https://news.ycombinator.com/item?id=33575549
Points: 16
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I'm working for a VC backed startup, so I'm wondering how these sorts of situations may indirectly affect me.
Comments URL: https://news.ycombinator.com/item?id=33575549
Points: 16
# Comments: 5
Continue reading...