SEQUOIA CAPITAL IS A GIANT WITH $85 BILLION IN ASSETS! ⠀ In t | CRYPTO TREYSI

SEQUOIA CAPITAL IS A GIANT WITH $85 BILLION IN ASSETS!
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In this post I will look at one of the major giants of the crypto market with $85 billion in assets and $15 billion in cryptocurrency investments - Sequoia Capital.

Sequoia Capital is one of the most prominent venture capital investors, having financed companies like Apple, Google, PayPal, etc.

The company was founded on November 1, 1972. The founders are Aadith Palicha, Bill Coughran and Don Valentine.

The fund's most significant investments by year:

• 1970s-1990s: Apple, Google, Nvidia, Webvan.
• 2000s: Airbnb, YouTube, ServiceNow, Unity Technologies.
• 2010s: 23andMe, StarkWare Industries, Klarna, Nubank, Snowflake, WhatsApp, Meituan, Dropbox , ByteDance.
• 2020s: BitClout, Bolt, FTX, Wiz, Loom, Shein.

Here's what they're interested in in 2023:

Focus of investment:
• High-tech startups.
• Cryptocurrencies and blockchain
• Diversity of companies led by underrepresented groups

Top 5 cryptocurrency investments for Q1 2023:

• LayerZero: an interaction protocol for blockchain
• Taiko: Ethereum-compatible ZK-Rollup
• Tiny Tap: a platform for creating and selling educational mobile games for kids
• Kaito: AI-based information databases for cryptocurrency research
• Caldera: building high-performance L2 blockchains

It is important to understand that Sequoia is not just one fund. In 1999, a fund for Israeli startups, Sequoia Capital Israel, was created. Also, in 2005, Sequoia Capital China was founded, followed by Sequoia Capital India. And the main fund, Sequoia Capital, mainly invests in American companies.

Sequoia Capital continues to actively invest in promising projects and develop the crypto industry. Stay tuned for more updates!

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