Paradigm co-founder feels 'deep regret' for investing in SBF and FTX
Paradigm co-founder feels 'deep regret' for investing in SBF and FTX
Some have questioned whether the multi-billion dollar venture capital firm did enough due diligence on FTX before the funding.< /p>
News
The co-founding father of asset monitoring organization Paradigm says he feels "deep regret" for investing in FTX amid current revelations about FTX, Alameda Research and Sam Bankman-Fried.
In a November 15 Twitter post, Matt Huang, co-founder and managing partner of Paradigm said the company was "stunned" by the revelations about the 2 agencies and their founder, adding:
“We deeply regret investing in a founder and company that ultimately did not align with crypto values and caused giant damage to the environment.” p>
Matt Huang, Director Partner and Co-Founder of Paradigm Source: Paradigm
Paradigm is a crypto and Web3 focused working capital firm, primarily based in San Francisco. In April, critics advised the company's ownership under scrutiny
Some have questioned whether the multi-billion dollar venture capital firm did enough due diligence on FTX before the funding.< /p>
News
The co-founding father of asset monitoring organization Paradigm says he feels "deep regret" for investing in FTX amid current revelations about FTX, Alameda Research and Sam Bankman-Fried.
In a November 15 Twitter post, Matt Huang, co-founder and managing partner of Paradigm said the company was "stunned" by the revelations about the 2 agencies and their founder, adding:
“We deeply regret investing in a founder and company that ultimately did not align with crypto values and caused giant damage to the environment.” p>
Matt Huang, Director Partner and Co-Founder of Paradigm Source: Paradigm
Paradigm is a crypto and Web3 focused working capital firm, primarily based in San Francisco. In April, critics advised the company's ownership under scrutiny