FTX's crypto meltdown looks set to burn Sequoia Capital, Lightspeed, other name Silicon Valley venture firms - Silicon Valley Business Journal

for this provider of insurance for small businessesr. AV8 Ventures, Markd VC, Startup Venture Capital and Maiden Re also participated.San Francisco, $20 million: 5th Century Partners invested in this online vendor of acne treatments.San Francisco, $16 million: Andreessen Horowitz led the Series A round for this provider of cloud-based spreadsheet software. Craft Ventures, Box Group, Worklife Ventures and Combine Studios also invested.

. But the company, a developer oxygen-monitoring sensors designed to be injected into people's bodies, would only see $39 million from the merger if 80% of NorthView shareholders asked for refunds on their shares, it said. NorthView is a special purpose acquisition company based in New York.

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Sequoia Capital marks down its FTX investment to $0'Based on our current understanding, we are marking our investment down to $0,' venture capital firm Sequoia Capital announced Wednesday. ☹️ Funny. Working on a way to save a centralized exchange to save decentralization. Life is full of paradoxes. Binance is really no different. It’s a centralized exchange trying its best to skirt all regulations, less so with FTX.
Source: CNBC - 🏆 12. / 72 Read more »

VC firm Sequoia Capital says it will mark its investment in FTX at $0Sequoia Capital says it's marking its investment in FTX down to $0 as a liquidity crunch threatens to put the crypto exchange into bankruptcy One of the biggest scams ever but because it did not happen in one of traditional industries people are ignoring it. See this is the shit y'all need to be tweeting about. BUSINESS
Source: BusinessInsider - 🏆 729. / 51 Read more »