Good Tuesday morning everyone welcome to another tech plus live stream I think that's what we're calling it

Sean welcome I'm so excited that we get to do this in this format I know on TV it's like three questions and we're out right

So excited to be here.

Nothing more fun to talk about than crypto.

Nothing.

We've already done a lot of talking about it this morning on tech check.

I'm sure you have two from you know probably the moment you wake up you just retweeted so to the

people who are watching I know that there's already lots of people joining in

please ask us your questions we're gonna get them to Sean I'll keep one eye

on whether you want to do that through YouTube Twitter wherever LinkedIn even you can do that

Sean let's jump right into it

Let's start sort of at the very beginning. Why do you need a dedicated crypto fund

when you have other, you know, of your peers

who like to call themselves more generalists?

They still invest in crypto and web three.

Why have a fund and a large one at that dedicated to it?

You know, need may not be the right word. We're very lucky to have one.

You know, we've been investing in crypto

for the last six, seven years out at Sequoia

and a bunch of us had individuals

for even longer than that.

And kind of as we restructured and became the Sequoia Funds, we and became a registered investment advisor, kind of it opens the door to have more flexibility.

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