Sources: Sequoia apologized to its fund investors for the $150M lost on its FTX bet and details plans to improve its due diligence process on new investments
but blames bankruptcy filing Sead-Fadilpasic / Cryptonews : Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX Shadine Taufik / Tech in Asia : Sequoia apologizes fo...
Filings: FTX CEO John Ray III, who ran Enron's bankruptcy process, slams SBF's “unprecedented” management, describing a “complete failure of corporate controls”
Programming note: Money Stuff will be off tomorrow, back on Monday. Rohan Goswami / CNBC : Bahamas regulators confirm they're holding some of FTX's assets Laurie Dunn / Crypto Daily : Is The FTX Debac...
Sources: Sequoia India, hit by governance scandals at companies in its portfolio, faces fresh challenges including a defamation suit by a former general counsel
June 13-18 Andy Mukherjee / Bloomberg : How to Torch Your Unicorn — Zilingo Pte was until recently a rising star in the world … Tweets: Sriram Mani / @followthemani : In April, Sequoia India's partn...
Binance founder Zhao Changpeng sued in Hong Kong court by Sequoia, who allege he breached exclusivity agreement by talking to IDG, amid a failed deal
Daily Bit — Moved my longer post to tomorrow, just one more time. Wolfie Zhao / CoinDesk : Binance Exchange Denies Sequoia Allegation of Exclusivity Breach Rebecca Campbell / Coinjournal : Binance F...