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)
- ·买卖股票个税-买卖股票个税怎么算
- ·融信服务(02207.HK)委任中瑞和信为公司核数师
- ·无形资产可回收金额大于账面价值怎么处理
- ·有哪些虚拟货币交易所_虚拟货币平台都有哪些哪家靠谱
- ·2020年错币行情
- ·涨停揭秘 | 恒天海龙首板涨停,封板资金4848.95万元
- ·想问问光大银行信用卡福卡小卡能分期多久?
- ·涠洲岛停航怎么办-涠洲岛如果停航怎么办
- ·爆炒过的股票-爆炒过的股票还会涨吗
- ·SHIB币交易所排名(SHIB币交易平台排名前十)
- ·比特币现金历史行情
- ·自然资源部:前三季度海洋生产总值7.7万亿元,同比增长5.4%
- ·Farcaster 有哪些值得关注的新动态?
- ·比特币什么平台买? 比特币平台官网v1.7.9
- ·加密货币分析师警告 XRP 持有者要从 Mt. Gox 事件中吸取教训
- ·PENGU触底反弹发拉涨360%,胖企鹅如何靠IP行销迎第二春?
- · 0kx交易所官网
- · 虚拟货币交易平台有哪些
- · 十大虚拟货币交易平台app
- · 欧易正规
- · okx交易所app官网
- · 易欧app官网下载
- · 加密货币交易所
- · 欧亿app官网正式版下载
- · 欧易最新版本
- · okcoin交易平台