I love the semi interconnected nature of the fediverse - such a great concept to bridge social media styles away from the influence of for profit companies and advertisers.

Had not heard of either of those emerging stories this week so thank you for sharing! Do you have any good articles you found helpful regarding either?

More about Sequoia, funny how most of the articles are paywalled… https://www.cryptopolitan.com/sequoia-capital-partners-mark-transformation/

Well, as the Washington Post points out, “Democracy dies behind a paywall”…or something like that.

Funny how any usable info is hul8dden and/or locked away. Makes one wonder about all the " free" stuff. Whole broadcast networks giving away free info out there.

Quote from article…

Challenges and Departures Amidst Reputational Damage

Sequoia Capital, known for its remarkable returns since its inception in 1972, has recently faced challenges and reputational damage due to its involvement with FTX, a cryptocurrency exchange that collapsed, resulting in a loss of $214 million from Sequoia’s global growth fund. This setback has led to the departure of key partners, including Mike Vernal, Michelle Fradin, Kais Khimji, and Daniel Chen.

I was going to post the articles as they arose, but didn’t have an account here yet.

I’ll go see if I can find the articles. The Sequoia articles were on the global Mastodon feed.

I’m thinking that we might be able to use the interlinked nature of fedi apps to spread awareness and to esp alert Swissers that their representation is not on their side. Esp in a country with mandatory military service.

The bad side is that search on Mastodon is terrible. But the newest features show up on mastodon.social because that’s the dev’s own site, and a Search bar appeared recently.

I’d love to see those articles! It’s very worthwhile tracking what they’re up to. Looks like it could be getting spicy! 🥵

Real news, no drama……I’m falling in love. Thx op. Maybe getting banned and forced to find new is the way! Lol

Hey Sequioa capital is the institution that bailed out shitadel ages ago. They’re so goddamned shady and have their fingers in all the pies it seems.

Schwab article… []https://www.sfgate.com/bayarea/article/charles-schwab-san-francisco-office-downsizing-18209224.php

The financial services company is hoping to reduce its real estate footprint by “closing floors or closing offices” at its downtown office space, spokesperson Pete Greenley told SFGATE. Similar downsizing efforts are planned for Charles Schwab offices in Boston; Chicago; Henderson, Nevada; and Jersey City, New Jersey, while offices in Atlanta, San Antonio, San Diego, St. Louis and Tampa, Florida, are slated to close completely.

Another possible crack…saying it out loud… https://www.newswars.com/charles-schwab-and-other-big-banks-may-be-secretly-insolvent/

I don’t have a subscription and it’s paywalled, this article dated Jul 19 says 5 partners have left… []https://www.theinformation.com/articles/sequoia-shakes-up-senior-ranks-as-vernal-moritz-exit-roles

The part I can read…

Five Sequoia Capital partners have left the firm, the biggest shakeup to the storied venture firm’s leadership since its leader Roelof Botha took over a year ago.

Sequoia on Wednesday told its limited partners that longtime partner Michael Moritz would leave and focus on the firm’s independent wealth management business, Sequoia Heritage, a spokesperson confirmed. Meanwhile four other Sequoia partners have exited the firm, according to two people with direct knowledge of the matter