A Management partner, one of the most outstanding investors, the most prominent investors of sequoia, “Warm investors, more sophisticated investors have seen the signs of the worst of the worst investors.
He posted it alert on x On Thursday, “The SPVS is only about 10% of the capital, which is only 10% of the capital, so that the resettlement is less than 10% of the city.” (He posts an article.
That last cycle ended rarely. In 2022, the heat of 2021 was damaged by the VC market. The peak continued to remain with 2025 is the failed startups that are more cruel years.
About Boo's specialized vehicles (SPVs). Special Authority: The Startup's investor is allowed to sell their shares to others. However, new investors are not actually buying shares in the actual stakeholders, they buy Shares of SPV often at excessive rising prices. This means that the startup criticism needs to rise only to break the SPV owners.
SPVS is usually especially in Ai Investing, especially some startups increases the dental amount. Search searches for sec Least stvvs Tied to an anthropic since 2024. The Company conducted talks to promote another person $ 3.5 billion.
The attempt to promote $ 1.5 billion of ai's $ 1.5 billion attempts to get the full effort Information. Note that there is no company in the sum of sequoia.
The track is not just a few companies. Almost millions of multi-billion multi-billion multiple billions offer Stvv. And if VC Company's bigger company leads the agreement,
A second-time market involved SPV-Laden Deals about these things like this.
Both of the two countries in this regard? “Don't Buy This”
Sequoia did not immediately respond to the request to comment.