Following the sudden crash of FTX exchange, many firms tied to the platform also suffered, and many more who had invested in the platform concluded that their investments were the wrong move.
However, American venture capitalist, Alfred Lin, who is also a partner at Sequoia Capital, has stood by the decision.
Sequoia invested $213.5 million into the now-bankrupt exchange, but Lin said in a recent talk that the investment was the right move at the time. …
Read More: FTX Investment Was Correct Decision, Claims Sequoia Partner Alfred Lin