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:现货金)
- 哈希率最新价格
- 天气有时什么有时什么
- 银行芯片股票-银行芯片股票有哪些
- 拍拍贷闪电额度是多少,什么是闪电额度?
- 嘉兴商业贷款可以转公积金贷款吗?想要了解一下。
- 仅当满足某些条件时,Pendle 加密货币才能迫使价格上涨至 7 美元!
- Telegram CEO's first statement after arrest: Authorities should target platforms for law enforcement and prepare to exit 'incompatible markets'
- 10月31日长城科创两年定开混合A净值增长1.06%,近3个月累计上涨24.62%
- 股票申报价格
- 比特商用币价格
- 著名股票书籍
- 10月31日安信成长精选混合C净值下跌0.89%,近1个月累计上涨1.72%
- 明星买股票
- 10月31日天治量化核心精选混合A净值增长0.74%,近3个月累计上涨19.51%
- 如果你一年前投资了500美元购买PEPE,如今你的资产已增长至2,461.60美元
- 10月31日浦银安盛新兴产业混合C净值下跌0.21%,近1个月累计下跌0.05%
- Bitwise: Ethereum is like the 'Microsoft' in the memory blockchain, ETH's performance may improve by the end of the year
- 10月31日大成慧心优选一年持有混合C净值下跌0.65%,近1个月累计下跌3.07%
- 销售公司的仓储费算成本费用还是销售费用
- 10月31日国投瑞银锐意改革混合A净值下跌0.45%,近1个月累计上涨6.09%
- 欧易交易所 电脑 views+
- 数字货币交易所 views+
- okx网页版 views+
- ok币 views+
- 欧易正规 views+
- 0kx交易所官网 views+
- okx交易所app官网链接 views+
- oe交易所app下载 views+
- 全球三大虚拟货币交易平台 views+
- 欧亿交易所怎么样。 views+