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:商业)
- ·美股三大指数集体收跌,科技股表现疲软
- ·meme币手机钱包下载地址 memeBIAN卓下载地址入口
- ·Virtuals的套利密码:如何用首发打出百倍收益?
- ·埃隆·马斯克旗下Grok聊天机器人因无关提示提及南非暴力事件引发争议
- ·火币钱包地址在哪里
- ·寻道大千玄武配什么神通 大玄武千千
- ·申请过曹操贷,我还能申请51信用管家的贷款吗?
- ·比太钱包发送-比太钱包使用
- ·利润表成本增加资产负债表怎么调整
- ·台风什么时候登陆北海-台风什么时候登陆北海舰队的
- ·香港什么特产什么特产-香港什么特产什么特产最出名
- ·10月31日广发成长精选混合C净值增长0.68%,近3个月累计上涨18.14%
- ·Big bet, special bet! DYdX announces the introduction of leveraged trading for the prediction market
- ·币行情网址
- ·从披萨交易到全球资产:回顾比特币崛起历程中的27位重要推手
- ·莱特币钱包私钥禁用-莱特币钱包私钥禁用怎么办
- · 数字货币交易app
- · okb交易所官网
- · 全球三大虚拟货币交易平台
- · 虚拟货币交易平台排名
- · 易欧app官网下载
- · 虚拟货币交易
- · 欧亿app官网正式版下载
- · 欧亿交易所怎么样。
- · 加密货币交易所
- · 0kx交易所官网