Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ

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Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ

Sequoia told investors earlier in the year that it would shrink the fund to reflect a changed market, with the crypto fund focusing more on backing newer startups following the crypto downturn that has reduced chances to invest in larger companies, according to the Journal. www.coindesk.com

Sequoia told investors earlier in the year that it would shrink the fund to reflect a changed market, with the crypto fund focusing more on backing newer startups following the crypto downturn that has reduced chances to invest in larger companies, according to the Journal.

www.coindesk.com