One of the key investors at Sequoia who drove the FTX deal is out.
I’m curious to see if there’s any sort of introspection at A16Z after being one of the noisiest boosters of multiple crypto pyramid schemes masquerading as startups.
I assume LPs don’t care since their deal flow will still be massive but hard to imagine trusting their judgement ever again.
https://www.theblock.co/amp/post/240703/crypto-investors-depart-sequoia-capital