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by ilrwbwrkhv 1307 days ago
How many of that billions flowed into Sequoia pockets too is the question ;)
1 comments

Exactly lol. Way too many people are getting hung up on how sophisticated VC / funds could have invested in FTX/SBF. We often forget these "investors" want above all an exit plan where they get their money back and more. They couldn't give a shit if the company is run with a balance sheet drawn in mspaint with the spraypaint tool by teenage ponzi schemers as long as they know they get the exit before it topples down.