Earlier quoted context omitted.
Sequoia, the same geniuses that backed SBF: https://news.ycombinator.com/item?id=33571734
Sequoia also backed Apple, Cisco, Google, Youtube, Instagram, LinkedIn, PayPal, Reddit, Zoom and many more. They are just one of the largest VCs out there.
Many of those other investments date from the 90s and 2000s.
The firm has since lost its mojo. The transcript of the discussions behind the SBF investment are embarrassing.