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Bloomberg Tech

Sequoia Splits Into Three Firms and the SEC Targets Coinbase

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 6 June 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down the ramifications from venture capital powerhouse Sequoia Capital dividing into several entities as geopolitical tensions rise. Plus, Coinbase is the latest target by the SEC as the regulator sues the exchange.

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:31.9

From the heart of where innovation, money and power collide in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline High, at Blumberg's world headquarters in New York.

0:58.0

And I'm Ed Ludlow in San Francisco.

1:00.0

This is Bloomberg Technology.

1:02.0

Coming up, Sequoia splits into three firms the venture capital

1:05.2

powerhouse divides into several entities as as

1:08.2

geopolitical tensions they're on the rise will break down the

1:10.6

announcement and coin base is the latest target by the SEC with the regulator suing the exchange.

1:17.0

We'll discuss the US crackdown on crypto ahead.

1:20.0

Class, we've got to dive into the state of virtual and augmented reality following

1:24.3

Apple's Vision Pro release. We've got the CEO of AR company Magic Leap on the show.

1:28.2

All that and so much more coming up first. Let's check in on relatively muted markets today. Regional

1:33.6

banks getting a kick higher, but in general we're looking at what the World Bank

1:36.3

is warning about the global environment in which we stand. What of interest rates?

1:41.0

What of the side five basis points on the front end that means maybe we're less confident that the

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