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:金店)
- ·zb币价格预测-zb币最新价格
- ·十大数字货币交易平台 国内什么平台购买虚拟币靠谱
- ·8 月区块链游戏研报:用户增长与加密货币市场波动并存
- ·蒙娜转债发生1笔大宗交易,折价率为4.28%
- ·Telegram CEO's first statement after arrest: Authorities should target platforms for law enforcement and prepare to exit 'incompatible markets'
- ·美短猫多少钱
- ·稳定币在哪里可以买?十大稳定币交易软件
- ·火币网建楼
- ·税控盘减免税款月末如何结转
- ·r3公司是什么 r3是什么意思企二
- ·发行可转换公司债券分录怎么做
- ·苹果哪里下载meme币 meme币最新版下载链接ios
- ·Solana模因币5月交易量飙升至10亿美元,市场主导地位显著提升
- ·以太坊未来六个月价格预测:人工智能揭示潜在市场波动
- ·ckB币最新价格-CKB币最新价格
- ·涨停揭秘 | 三房巷2连板涨停,封板资金2473.44万元
- · 十大虚拟货币交易平台app
- · 数字货币交易所
- · 虚拟货币交易平台排名
- · 0kx交易所官网
- · 欧易app官方下载入口
- · 亿欧app下载
- · okb交易所官网
- ·欧易交易所下载
- · 加密货币交易所
- · 虚拟货币交易平台有哪些