New ask Hacker News story: Ask HN: When a VC loses money, how does that affect the rest of its portfolio?
Ask HN: When a VC loses money, how does that affect the rest of its portfolio?
11 by thomcrom | 1 comments on Hacker News.
Sequoia reportedly lost $213m on the FTX debacle (though has billions in gains from elsewhere to offset these losses). I'm wondering, will Sequoia increase pressure on the remainder of its portfolio to turn a profit? Will they increase scrutiny of each business? More generally, how do VCs react to losses? I'm working for a VC backed startup, so I'm wondering how these sorts of situations may indirectly affect me.
11 by thomcrom | 1 comments on Hacker News.
Sequoia reportedly lost $213m on the FTX debacle (though has billions in gains from elsewhere to offset these losses). I'm wondering, will Sequoia increase pressure on the remainder of its portfolio to turn a profit? Will they increase scrutiny of each business? More generally, how do VCs react to losses? I'm working for a VC backed startup, so I'm wondering how these sorts of situations may indirectly affect me.
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