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:现货银)
- ·全球交易所市值排行榜 介绍
- ·无形资产减值准备可以转回吗
- ·btc交易所平台排名_货币交易平台下载
- ·LO币今日价格 7月4日LO币实时价格走势图
- ·XLC是什么币?XLC币上线交易平台和官网总量
- ·肉毒素一针多少钱?看这篇就懂了!肉毒素多少钱一针
- ·sin15°到底等于几?sin15°等于多少
- ·马云挖了多少派币?马云正式布局pi币是真的吗?
- ·10大以太坊交易网站排行榜 币圈交易平台app排名榜单
- ·内布拉斯加州新采矿规则:基础设施保障还是变相的软禁令?
- ·全球知名排名前9的炒币交易所 国外2025数字货币9大交易所排行
- ·雷达币可以登录了吗 雷达币又要开网了真的吗
- ·炒币圈币的软件有哪些?十大炒币app下载合集
- ·LTC今日价格 7月4日LTC实时价格走势图
- ·MyWish是什么币?MyWish币上线交易平台和官网总量介绍
- ·东台今天什么什么风-东台今天什么天气
- · 全球三大虚拟货币交易平台
- · ok币
- · okx网页版
- · oe交易所app下载
- · 欧易最新版本
- · okx交易所app官网链接
- · 十大虚拟货币交易平台app
- · 欧易app官方下载入口
- · 亿欧app下载
- · 虚拟货币交易平台排名