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» Sources: Sequoia apologized to its fund investors for the $150M it lost on FTX and told them it would improve its due diligence process on future investments (Berber Jin/Wall Street Journal)
Sources: Sequoia apologized to its fund investors for the $150M it lost on FTX and told them it would improve its due diligence process on future investments (Berber Jin/Wall Street Journal)
By
Eresh
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November 22, 2022
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http://www.techmeme.com/
Techmeme
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Berber Jin / Wall Street Journal:
Sources: Sequoia apologized to its fund investors for the $150M it lost on FTX and told them it would improve its due diligence process on future investments — Venture-capital firm tells fund investors that it will improve due diligence on future investments after $150 million loss on crypto exchange
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