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:风向标)
- ·股票跑道费-股票跑道费怎么算
- ·怎么炒虚拟货币
- ·生活服务业加计扣除会计分录是什么
- ·美国参议院不顾民主党反对,推进GENIUS稳定币立法
- ·Bitfinex 報告:若比特幣市占比達局部頂點,山寨幣在未來幾個月表現或優於大盤
- ·Solana链上Meme币平台创始人被Pump.fun拉黑
- ·sushi币当日价格-sushi币今日价格
- ·美欧启动贸易谈判以应对关税影响
- ·恒大举牌股票-恒大举牌股票有哪些
- ·bcc币怎么挖
- ·币圈常用的btc期货交易所 十大比特币交易平台汇总
- ·币多宝交易平台是哪的
- ·日赚 1300 万美金的 Tether,花掉 1 亿美金进军新市场
- ·创业板是什么股票代码-创业板是什么股票代码啊
- ·差额开票及申报如何操作
- ·以太坊不同持有量地址的平均成本披露
- ·狗狗币在下跌 10% 后进入需求区,反弹即将到来?
- ·m币交易平台怎么玩
- ·火币导航
- ·衢州公积金贷款政策有哪些?想要了解一下。
- ·Hyperliquid 上涨 9.5%,TVL 突破 10 亿美元——但这引出了一个关键问题
- ·股票型基金赎回几天到账-股票型基金赎回几天到账户
- ·asic矿机挖矿软件
- ·做合约最好的交易所TOP榜 全球十大btc交易所排名2025
- ·以太坊联创Jeffrey Wilcke自2016年以来已将39.4万枚ETH转至Kraken,总套现金额约5.1亿美元
- ·一周预告 | 美联储将于北京时间9月19日凌晨公布利率决议;Catizen (CATI)将在币安等交易所上线
- · okx网页版
- · 虚拟货币交易平台排名
- · ok币
- · 欧亿app官网正式版下载
- · 加密货币交易所
- · 数字货币交易所
- · 全球三大虚拟货币交易平台
- · 虚拟货币交易
- · 亿欧交易所下载
- · okx交易所app官网