Paradigm co-founder feels 'deep regret' for investing in SBF and FTX
Some have questioned whether the multi-billion dollar venture capital organization did enough due diligence on FTX prior to funding.
< /photogr aphia>The co-founder of asset monitoring firm Paradigm says he feels "deep remorse" for investing in FTX amid recent revelations related to FTX, Alameda Research and Sam Bankman-Fried.
In a November 15 Twitter post, Paradigm co-founder and partner Matt Huang said the company was "shocked" by the revelations about the two companies and their founder, adding:
“We deeply regret investing in a founder and company that ultimately did not align with crypto values and caused massive environmental damage.”
Matt Huang, Managing Partner and Co-Founder, Paradigm. Source: Paradigm Paradigm is a San Francisco-based crypto and Web3-focused venture capital organization. In April, critics advised ownership of the company under management
Some have questioned whether the multi-billion dollar venture capital organization did enough due diligence on FTX prior to funding.
The co-founder of asset monitoring firm Paradigm says he feels "deep remorse" for investing in FTX amid recent revelations related to FTX, Alameda Research and Sam Bankman-Fried.
In a November 15 Twitter post, Paradigm co-founder and partner Matt Huang said the company was "shocked" by the revelations about the two companies and their founder, adding:
“We deeply regret investing in a founder and company that ultimately did not align with crypto values and caused massive environmental damage.”
Matt Huang, Managing Partner and Co-Founder, Paradigm. Source: Paradigm Paradigm is a San Francisco-based crypto and Web3-focused venture capital organization. In April, critics advised ownership of the company under management
What's Your Reaction?
Some have questioned whether the multi-billion dollar venture capital organization did enough due diligence on FTX prior to funding.
< /photogr aphia>The co-founder of asset monitoring firm Paradigm says he feels "deep remorse" for investing in FTX amid recent revelations related to FTX, Alameda Research and Sam Bankman-Fried.
In a November 15 Twitter post, Paradigm co-founder and partner Matt Huang said the company was "shocked" by the revelations about the two companies and their founder, adding:
“We deeply regret investing in a founder and company that ultimately did not align with crypto values and caused massive environmental damage.”
Paradigm is a San Francisco-based crypto and Web3-focused venture capital organization. In April, critics advised ownership of the company under management
Some have questioned whether the multi-billion dollar venture capital organization did enough due diligence on FTX prior to funding.
< /photogr aphia>The co-founder of asset monitoring firm Paradigm says he feels "deep remorse" for investing in FTX amid recent revelations related to FTX, Alameda Research and Sam Bankman-Fried.
In a November 15 Twitter post, Paradigm co-founder and partner Matt Huang said the company was "shocked" by the revelations about the two companies and their founder, adding:
“We deeply regret investing in a founder and company that ultimately did not align with crypto values and caused massive environmental damage.”
Paradigm is a San Francisco-based crypto and Web3-focused venture capital organization. In April, critics advised ownership of the company under management
What's Your Reaction?
