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:经济数据)
- ·解码 MIRAI:顶流虚拟网红 Imma 背书的 Web3 虚拟人生态
- ·猪肉概念31日主力净流出3.87亿元,双汇发展、牧原股份居前
- ·今年退市股票
- ·算力概念31日主力净流出81.29亿元,润和软件、城地香江居前
- ·莱特币什么时候出的 莱特币什么时候出来的
- ·所有者权益变动表都包括哪些内容?
- ·10%加计扣除要满足哪些条件
- ·10月31日摩根双核平衡混合A净值下跌0.48%,近6个月累计下跌7.87%
- ·个人所得税的收入是实际收入吗
- ·10月31日中海海誉混合A净值增长0.11%,近3个月累计上涨2.03%
- ·51信用卡管家提示身份证号已注册是怎么回事?
- ·泰达币价格在哪里
- ·okex价格指数
- ·10月31日汇添富产业升级混合C净值下跌0.81%,近1个月累计下跌3.04%
- ·特朗普称赞贝森特上电视带动市场上涨
- ·2021年比特币软件有那几个
- ·平安i贷是否打电话进行审核呢?
- ·联泓新科收盘涨1.87%,主力资金净流入2306.42万元
- ·工业母机概念31日主力净流出14.07亿元,上海电气、格力电器居前
- ·电子纸概念31日主力净流出12.1亿元,TCL科技、冠捷科技居前
- ·10月31日兴证全球兴裕混合C净值增长0.13%,今年来累计上涨2.67%
- ·10月31日长安产业精选混合C净值下跌0.47%,近6个月累计下跌1.81%
- ·10月31日英大睿盛C净值下跌0.34%,近1个月累计下跌2.44%
- ·怎么查询以前的天气
- ·usdt交易软件app(注册USDT开启您的数字货币投资之旅)
- ·10月31日益民优势安享混合C净值下跌0.02%,近1个月累计上涨1.82%
- · okx交易所app官网链接
- · okcoin交易平台
- ·欧易交易所下载
- · 虚拟货币交易平台排名
- · 全球三大虚拟货币交易平台
- · okx官方
- · 易欧app官网下载
- · OK交易所官网入口登录
- · 亿欧交易所下载
- · 欧亿app官网正式版下载
- ·股票压力测试-股票压力测试什么意思
- ·如何在iOS和Android舍备上下载OKX欧亿交易所应用
- ·Renowned trader Anselm switching from playing fan fiction to promoting Sonic (formerly Fantom)? AC and Monad team members have an online dispute
- ·10月31日嘉实积极配置一年持有混合C净值增长0.82%,近3个月累计上涨24.4%
- ·为什么我的芝麻信用700分没借呗?不是很了解。
- ·∪SDT钱包下载USDT钱包官方应用
- ·DeFi 项目 World Liberty Financial:获特朗普家族和加密人士站台,超 60% 治理代币面向公众发售
- ·美股“命悬一线”!A股的“垃圾股行情”步入尾声!
- ·蚂蚁借呗的最低利率是多少?
- ·OTC交易所(比特币交易,轻松实现财务自由)