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:基金数据)
- ·汇丰银行推出香港首个基于区块链的结算服务
- ·特朗普邀请全球加密货币富豪共进晚餐
- ·一只柴犬 100 美元的价格在 5 年内变成了 200 万美元:到 2030 年还能再次发生吗?
- ·市场并不相信特朗普对欧盟征收 50% 关税的威胁
- ·水龙头币行情
- ·VIRTUAL 修正了 13%,但看涨情绪依然高涨——下一步是什么?
- ·赵长鹏否认《华尔街日报》关于他与 WLFI 有关联的说法
- ·影视传媒增值税税率是多少
- ·比特币今日价行情
- ·美国财长:预计接下来几周将达成几项重大贸易协议
- ·加密牛市走了没?目前为止BTC还从未让每一个坚持的人失望
- ·国内币圈10大交易平台APP 区块链十大交易所排行
- ·货币数字货币价格
- ·eth永续合约行情
- ·数字交易平台源码-数字交易平台源码是什么
- ·Story 区块链赋能知识产权
- · okcoin下载官方app
- · 加密货币交易所
- · 全球三大虚拟货币交易平台
- · 亿欧交易所下载
- · oe交易所app下载
- · 0kx交易所官网
- · okx网页版
- · okx官方
- · 欧亿app官网正式版下载
- · 数字货币交易所