Tech Summit Latest: Sequoia’s Lin Says Backing FTX Was Right Bet
- The Bloomberg Technology Summit is being held in San Francisco
- Speakers include Sam Altman, Brian Chesky and Reid Hoffman
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Sequoia Capital partner Alfred Lin said if his venture firm was evaluating cryptocurrency exchange FTX again for the first time, it would likely make the same decision to invest in the now-bankrupt company.
“I looked at the work we did 15 different ways,” Lin said Thursday at the Bloomberg Technology Summit. “We probably would have made the investment again.”