Investing in FTX and losing billions of dollars, founder of private equity fund Thoma Bravo vows to 'never touch' cryptocurrency again
According to CNBC, Orlando Bravo, founder of Thoma Bravo, a US private equity investment firm, stated that he learned many lessons from his failed investment in cryptocurrency exchange FTX and that he and his company will no longer be involved in cryptocurrency.
Orlando Bravo referred to FTX as "the world's most cutting-edge and advanced cryptocurrency exchange" over three years ago, when his company assisted in leading a $900 million investment in the exchange, valuing it at $18 billion. According to reports, Thoma Bravo's investment in FTX is $130 million.
However, FTX filed for bankruptcy at the end of 2022, with senior executives of the exchange accused of misappropriating over $8 billion in customer funds, and its founder Sam Bankman Fried (SBF) implicated in large-scale fraud and conspiracy crimes. In March of this year, a US judge sentenced SBF to 25 years in prison.
Bravo stated in an interview with CNBC last week that he and his company Thoma Bravo will permanently exit the cryptocurrency market after that disaster.
Once you make a mistake, once you suffer a loss in something, our philosophy and mine are to never touch it again, "Bravo said." Even if it turns out you missed out on a big market trend
Thoma Bravo was founded in 2008 and currently manages approximately $160 billion in assets. The company has risen in the technology field in recent years and has planned multiple multi billion dollar acquisitions, including cybersecurity software provider Proofpoint, property management software company RealPage, finance and supply chain software developer Anaplan, and expense management software company Coupa.
Despite the failure in investing in FTX, Bravo stated in an interview that the memory blockchain technology behind cryptocurrencies still has prospects, but whether it is Bitcoin itself or companies in the field, Bravo will avoid further exposure.
Personally, I am a supporter of memory blockchain. I believe it is a powerful way to achieve many things, suitable for many application scenarios, and I have always believed in this, "Bravo said." From an investment perspective, when you make a mistake, you will probably let go and move forward
Related reports: "SEC reserves the right to oppose FTX restructuring plan; bankruptcy proceedings accumulate over 800 million magnesium", "FTX founder SBF trades rice in prison, claiming better arbitrage opportunities but still believes he is innocent", "Temasek arrests war criminals for FTX investment case, related teams and senior executives receive salary cuts"
(责任编辑:私募资讯)
- ·OKX Token2049速遞:首席行銷官Haider揭秘OKX錢包全新陞級的五個關鍵細節
- ·房贷选等额本金好还是等额本息好?我不知道有什么区别。
- ·比特币主升浪尚未到来,投资者需耐心持有
- ·被Vitalik喊单,链上数据高速增长,老牌公链Celo借L2和稳定币开启新叙事
- ·洪水是指什么什么-洪水是指什么什么和什么
- ·小赢卡贷一般怎么获取征信啊?在上面如何查询征信啊?
- ·子女教育扣除什么意思
- ·eth挖矿软件有木马-eth挖矿软件合法吗
- ·eth币2017价格-eth 2017年价格
- ·公积金最后还款怎么还-公积金最后还款怎么还款
- ·Bancor控告Uniswap八年侵权AMM专利,遭反击:浪费资源
- ·币圈十大交易所app下载安卓
- ·办理住房公积金贷款需要的材料都有哪些呢?
- ·稳定币数据专题:总市值达 1700 亿美元,USDC 流通达到 340 亿枚,USDT 第三季度新增 3600 万个账户
- ·马斯克与特朗普沙特共 Lunch,科技巨头齐聚利雅得
- ·请问360借条的利息和银行相比怎么样?
- · okcoin交易平台
- · 虚拟货币交易平台有哪些
- · OK交易所官网入口登录
- · 欧易正规
- · 易欧app官网下载
- · 数字货币交易所
- · 欧易开户
- · okx网页版
- · 亿欧交易所下载
- · 亿欧app下载