Re:Ask HN: When a VC loses money, how does that affect the r...
by afvictory on Saturday November 12, 2022 @02:25PM
(#33576180)
These large funds are pretty diverse, check out the letter Sequoia sent out to their LPs regarding FTX [1]. Sequoia's 150M cost basis for their FTX investment only accounts for 3% of the committed capital of the fund.
[1] https://twitter.com/sequoia/status/1590522718650499073