What do Google, LinkedIn, PayPal and Facebook have in common? Sequoia Capital. In its 50 years of existence, the American investment fund has been part of almost every good move in Tech. And it intends to do the same in crypto and Web3. In any case, the Californian giant, which manages just over $80 billion in assets, wants to give itself the means to do so, as two of its managers explained to us in a cross interview.
👉 News. The American fund specialising in technology has created a fund dedicated to cryptos worth just over $500 million.
👉 The context. With the market downturn, many companies are weakened.
👉 Why it matters. Sequoia Capital is one of the largest venture capital funds on the planet ($86 billion in assets under management). Its two partners, Shaun Maguire and Pat Grady, hosted The Big Whale 🐳.
The Big Whale: You are currently visiting Paris. Why are you here? Are you here to invest, to prospect?
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