Sequoia Capital just marked down to zero the value of its stake in the cryptocurrency exchange FTX — a stake that, as of last week, likely represented one of most sizable unrealized gains in the venture firm’s 50-year history. This story is developing: here is the letter it just sent out to its limited partners. […]
Sequoia Capital marks its FTX investment down to zero dollars by Connie Loizos originally published on TechCrunch...