Wed, November 27

Sequoia Capital Shrinks Crypto Fund from $585M to $200M

Venture capital powerhouse Sequoia Capital is said to have reduced the size of its cryptocurrency fund from $585 million to $200 million. The tech-focused VC company reportedly informed investors in March that it will cut the size of its Sequoia Crypto Fund and ecosystem fund to better reflect shifting market

July 28, 2023 1 min read

Sequoia Capital Drops Its FTX Holdings to $0, Following “Liquidity Crunch”

Sequoia Capital, the US-based venture capital firm, has dropped its FTX investment to zero dollars. In a recent letter to investors, Sequoia Capital disclosed that the platform was writing down the entire value of its holdings in the FTX exchange. The VC platform has clarified its latest decision by citing

November 10, 2022 1 min read