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Orlando Bravo's firm, Thoma Bravo, will not invest in cryptocurrency after a $900M loss in FTX.
Orlando Bravo, founder of Thoma Bravo, announced that his firm will not invest in cryptocurrency again following their unsuccessful $900 million investment in the now-bankrupt FTX exchange.
FTX's founder, Sam Bankman-Fried, is serving a 25-year prison sentence for fraud.
Despite recognizing the potential of blockchain technology, Bravo emphasized his firm's philosophy of avoiding sectors where they experienced significant losses.
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La firma de Orlando Bravo, Thoma Bravo, no invertirá en criptomoneda después de una pérdida de 900 millones de dólares en FTX.