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Crypto’s 2001 Moment: How Bad Will This Get? | Avichal Garg & Haseeb Qureshi

Empire

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Alameda Investing $500 Million in Sequoia

Sam Alameda invested $500 million into Sequoia. He was buying, you know, he bought what 200, 300, 400 million dollars of property in the Bahamas. That isn't just an absurd amount of money, right? Like that is a remarkable amount of capital and it seems earlier pointed that the principal's were the ones taking it all. You know, could you imagine them pulling a couple hundred million out? That doesn't seem crazy to me given how much they were doing.

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