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The Latest Breaking News from Sequoia

FTX Collapse: Elon Musk Takes on a Silicon Valley Powerhouse

Tesla CEO believes big investors have some responsibility for the FTX debacle.

The Street

Why were so many smart people so dumb about FTX? Did they seriously just like Sam Bankman-Fried’s ‘vibe’?

The collapse of the cryptocurrency exchange will cost investors billions. But why would anyone give money to a man who plays video games in important meetings?

The Guardian - UK

Michael Hiltzik: Crypto tycoon Sam Bankman-Fried didn't lose a $16 billion fortune. His 'fortune' was never real

The Greek tragedy unfolding in the financial press over the last week is the story of Sam Bankman-Fried, the would-be cryptocurrency tycoon and political kingmaker whose multibillion-dollar empire has sunk like the Titanic after its encounter with the iceberg.

Los Angeles Times

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The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world

Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.

WEKU

Sam Bankman-Fried's downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire

The Independent UK

Big Japanese Investor Finds Itself Caught In Another Debacle

Softbank has made several investments that have led to massive losses, including WeWork.

The Street

VC giant Sequoia writes down $214 million investment in FTX to zero: 'We are in the business of taking risk'

One of the most successful VC firms of all time invested in FTX in July 2021, when it was valued at $18 billion.

Fortune

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3 ways crypto venture capital may change after the FTX debacle

CoinFund’s David Pakman weighs in on lessons learned for the industry amid the Binance/FTX mess.

Fortune

Sequoia Capital tells investors it did proper due diligence on FTX

This is the first official communication between the firm and its limited partners, since the FTX collapse.

Axios

2023 Toyota Sequoia Production Begins At Upgraded Texas Factory

Toyota invested $391 million in the San Antonio manufacturing plant specifically for the new Sequoia and Tundra.

Motor1

Buy-Now-Pay-Later Star Klarna Tumbles From Its Pedestal

The rout of markets, due to recession fears, is hurting the valuations of even the most promising startups.

The Street

Sequoia India asks court to dismiss lawsuit by its former counsel

NEW DELHI

The Hindu

Morning Brief: Top Financial Stories Dominating on Tuesday, June 14

CNBC

Benzinga

Sequoia Capital Closes Largest India and Southeast Asia Dedicated Fund: Reuters

As Sequoia Capital looks beyond current investment weakness in new companies in Asia, it has raised $2.85 billion to fund Indian and Southeast Asian startups.

Benzinga

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Motor1

2023 Toyota Sequoia Starts At $59,795, Top Trim Is $79,795

Deliveries of the new SUV begin this Summer.

Motor1

2023 Toyota Sequoia First Drive Review: For The Real Ones

It’s rugged and tough, but the new Sequoia is smaller than the Tahoe, Expedition, and even its predecessor.

The Street

The Good Times Are Over for Startups

Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.

The Street

Venture Capital Firms Have Very Bad News for Startups

Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.

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Asharq Al-Awsat

Fashion Technology Startup Zilingo Suspends CEO

The board of Singapore-based fashion technology startup Zilingo said on Wednesday it had suspended its CEO and co-founder, Ankiti Bose, in a move that sources said was related to an investigation into the company's accounts. A lawyer for Bose said that she declined to comment on her suspension or the…

The Street

VC Firm Sequoia Capital Bets Big on Crypto

Heavyweight VC firm Sequoia is the latest to invest in a crypto fund

The Street

Sequoia Capital Makes a Big Risky Bet

Heavyweight VC firm Sequoia is the latest to invest in a crypto fund

The Street

Silicon Valley Bigwigs Bet on Crypto Rise

Heavyweight VC firm Sequoia is the latest to invest in a crypto fund

The Street

Sequoia, VC Firms Continue To Bet Big on Crypto Despite Slump

Sequoia is the latest to invest in a separate crypto fund, a sign that crypto growth will probably outlast this phase of market volatility.

Benzinga

Sequoia Capital Launches $600M Crypto Fund, Sees 20 Year 'Megatrend'

Major venture capital firm Sequoia Capital has launched a crypto-focused fund with allocations up to $600 million.

Motor1

2023 Toyota Sequoia Speculatively Rendered Ahead Of January 25 Reveal

Expect the real thing to look a lot like this.

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