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The Latest Breaking News from Sequoia

Sam Bankman-Fried will grow old in jail. But don’t forget those who basked in his orbit

If the high-rollers surrounding the disgraced FTX founder had any qualms about taking his money, they didn’t show it, says the Guardian columnist Aditya Chakrabortty

The Guardian - UK

Shapoorji Pallonji Real Estate Eyes a Revenue Potential of Close to INR 500 Crore at its Project Parkwest 2.0 in Bengaluru

Shapoorji Pallonji Real Estate, one of India's most trusted real estate brands, proudly announces the launch of Sequoia, the last tower at Parkwest 2.0, located in Binnypet, Bengaluru. Following the success of making more than 2500 apartments.

Dynamite News

Toyota Recalls More than 300,000 Vehicles: What To Know

Toyota's recalls affect certain models and years of Mirai, Lexus, Camry, Camry Hybrid, Tundra, Sequoia and Lexus vehicles.

Kiplinger

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At least $2.1 billion in new funds pledged at COP28, as foundations focus on health and agriculture

With the United Nations climate talks wrapping up in Dubai, foundations and other funders pledged at least $2.1 billion in new financing to reduce climate impacts, especially from agriculture

The Independent UK

How OpenAI’s unusual governance structure backfired

OpenAI’s corporate structure limits control from any of its shareholders.

Fortune

How did Sam Bankman-Fried attract investors? Well, Fomo probably helped

The cryptocurrency fraudster talked a lot of venture capitalists into pouring millions of dollars into his business. Maybe they should be more careful next time

The Guardian - UK

Future of Finance: Nubank’s Vélez discusses FinTech’s rise in emerging markets and how Brazil is 5 years ahead of the U.S.

Vélez’s Nubank helped challenge the power of major players which dominated banking in Brazil.

Fortune

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The congressman investigating four VC firms with ties to China has a message: This is just the beginning

In an interview with Term Sheet, Representative Mike Gallagher said that these letters to venture capital firms were just the beginning of the Committee’s investigation.

Fortune

NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

The Independent UK

Sequoia fund cutbacks underscore new realities of venture capital market

Earlier this year, the venture capital firm told its portfolio companies to buckle down. Now it’s doing the same.

Fortune

How VC Headline notched a 30% stake in Brazil’s biggest startup acquisition in 5 years

The investor behind Pismo talks about the $1 billion Visa deal and the Latin American deal landscape.

Fortune

Making sense of Sequoia Capital’s big breakup with China

Sequoia is spinning off its China and India units into independent firms.

Fortune

Accelerator interest spikes as VCs bulk up seed investing

Especially in A.I., Accelerators are seen as a way to get broad access to talent and tech.

Fortune

The high-profile lawyers on a crusade against crypto

Superlawyers Adam Moskowitz and David Boies have teamed up to crack down on the celebrities that promoted crypto

Fortune

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The Conversation

Alberta election: Is the province's energy regulator acting in the public interest?

Alberta’s claims that it’s a responsible energy producer are increasingly ringing hollow.

Boston Herald

Moooove over, the Sequoia is bigger than ever!

As consumers continue to love monster 7-passenger SUVs, Toyota gives its flagship a much needed overhaul. Our tester, the 4WD Sequoia Capstone Hybrid, was handsome, wrapped in Wind Chill Pearl with a piano black and white interior.

Fortune

70% of dealmakers say that investment managers share culpability for FTX

Investors have historically been made out to be victims in court when a startup implodes. But investors think VC firms share some responsibility.

Fortune

Inside VC Mark Kvamme's second big bet—on Ohio

The ex-Sequoia venture capitalist is planning to debut his next investment fund at an invite-only event later this week.

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Fortune

The hottest cybersecurity startups to watch in 2023, according to VCs

Keep your eye on these cybersecurity startups in 2023.

Fortune

Fidelity is writing down its Twitter investment—will Sequoia and a16z be next?

Fidelity docked the value of its Twitter holdings by approximately 56%, according to disclosures.

Reason

How Venture Capital Made the Future

Sebastian Mallaby's The Power Law explores how venture capital and public policy helped shape modern technology.

The Guardian - UK

Longtermism: how good intentions and the rich created a dangerous creed

Tech billionaires seem intent on giving away a lot of money. But are those who support ‘longtermism’ and ‘effective altruism’ ignoring the very real problems of today?

The Guardian - UK

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?

Los Angeles Times

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.

WEKU

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.

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