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:现货金)
- ·资产负债表没有交易性金融资产怎么办
- ·比特币价格为何可能迎来爆发性上涨?全面解析关键驱动因素
- ·火币充值小数点
- ·如果您在策略首次购买 BTC 时投资了 2,000 美元,那么这就是您的回报
- ·Brave浏览器集成Cardano区块链支持多链资产管理
- ·单位职工住房公积金贷款限额是多少?想要了解一下。
- ·空山什么候天气什么-空山乡天气预报十五天
- ·Huma Finance即将在Jupiter平台启动预售,关键信息全解析
- ·云币网查看钱包地址-云币网查看钱包地址怎么查
- ·资金集中度是什么意思
- ·2018年郑州公积金贷款的利率是多少?贷款利率高吗?
- ·维基链交易平台
- ·我国什么复杂气候什么
- ·2025币圈十大交易所app下载 最新推荐
- ·blk价格黑币
- ·所得税汇算清缴如何调整
- · 欧易正规
- · 数字货币交易所
- · 0kx交易所官网
- · 虚拟货币交易平台有哪些
- · 欧亿交易所怎么样。
- · 易欧app官网下载
- · oe交易所app下载
- ·欧易交易所下载
- · 欧亿app官网正式版下载