Difference between revisions of "Sequoia Capital"
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''"Another hardcore hodler's [[wallet]], with no user-side movement since Oct. 2021 [[Diamond hands|Diamond handed]] dudes!"'' | ''"Another hardcore hodler's [[wallet]], with no user-side movement since Oct. 2021 [[Diamond hands|Diamond handed]] dudes!"'' | ||
== | == Investments == | ||
* [https://www.theblockcrypto.com/post/134578/sequoia-capital-new-crypto-fund-tokens From] [[The Block]] (17-2-2022): | * [[Diamond hands|Diamond handed]] their [https://www.newcomer.co/p/sequoia-is-down-bad two biggest bets], DoorDash and Unify (non crypto) in 2021 and lost out on ~18B in profit when the stock markets started to crash in 2022. Sequoia plans to hold (21-6-2022). | ||
*[https://www.theblockcrypto.com/post/134578/sequoia-capital-new-crypto-fund-tokens From] [[The Block]] (17-2-2022): | |||
''"Sequoia Capital will bet on [[tokens]] through its new crypto fund worth $500-600 million. The VC firm will also actively manage tokens, from [[Proof-of-Stake (PoS)|staking]] them to providing [[liquidity]] to participating in [[governance]]."'' | ''"Sequoia Capital will bet on [[tokens]] through its new crypto fund worth $500-600 million. The VC firm will also actively manage tokens, from [[Proof-of-Stake (PoS)|staking]] them to providing [[liquidity]] to participating in [[governance]]."'' | ||
*[https://www.forbes.com/sites/alexkonrad/2020/10/18/these-young-investors-betting-big-on-crypto-are-taking-harvard-and-stanford-along-for-the-ride/?sh=197146934212 From] [[Forbes]] (18-10-2020): | *[https://www.forbes.com/sites/alexkonrad/2020/10/18/these-young-investors-betting-big-on-crypto-are-taking-harvard-and-stanford-along-for-the-ride/?sh=197146934212 From] [[Forbes]] (18-10-2020): | ||
Revision as of 08:46, 4 July 2022
Basics
"Another hardcore hodler's wallet, with no user-side movement since Oct. 2021 Diamond handed dudes!"
Investments
- Diamond handed their two biggest bets, DoorDash and Unify (non crypto) in 2021 and lost out on ~18B in profit when the stock markets started to crash in 2022. Sequoia plans to hold (21-6-2022).
- From The Block (17-2-2022):
"Sequoia Capital will bet on tokens through its new crypto fund worth $500-600 million. The VC firm will also actively manage tokens, from staking them to providing liquidity to participating in governance."
"Known for investing in companies from Apple and Google to WhatsApp and Stripe."
- Bitclout; it's founder has mentioned this fund as an investor (23-3-2021).
- IOStoken.
- FTX; participated as one of the 69 investors in the $420M round (22-10-2021).
- Huobi; invested in their second funding round in 2014.
- LayerZero; part of the Series A of $135 million (31-3-2022).
- Nervos Network. Invested in Nervos Network (22-1-2020).
- Neutral Dollar. Supports The Neutral Dollar.
- Paradigm. Invested in Matt Huang's Paradigm (18-10-2020).
- StarkWare; according to DeFi Weekly (9-3-2021). Again part of a $75M raise (24-3-2021). Took part in the Series C raise of $50m (17-11-2021).
- Twitter; committed $800M to finance Elon Musk's takeover (5-5-2022).
Team
- Matt Huang; former Sequoia Capital partner
- Member of Open DeFi (2-9-2020).
- Is mentioned as a partner on Ontology's website (2-11-2020).
- Mentioned (13-7-2021) as part of the Investor Network of Asia DeFi Network (ADN).
