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Sequoia’s Roelof Botha warns ‘chumps’ not to buy into SPVs

One of Sequoia’s most prominent investors, managing partner Roelof Botha, sees signs of another greed cycle brewing in venture capital, one where the least sophisticated investors will likely get most hurt. He posted a warning on X on Thursday, writing, “We remain destined to repeat the mistakes of the past! SPVs are making a come-back, … Read more

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