2023: History Does Not Repeat Itself, But It Rhymes

First, I want to say thank you for the support and trust you have placed in myself and my team not only this past year, but throughout our journey as we celebrate five years being in business as of January 2nd. This annual letter is designed to report to you various happenings both with the firm itself and our outlook …

SECURE ACT 2.0: What You Need to Know

With the recent passing of the bipartisan budget bill, a number of substantive changes were also enacted. These changes impact who is eligible for workplace retirement benefits and how they are implemented, how contributions into qualified retirements work, and how distributions from these accounts during retirement work. This article is divided into those three sections to make it easier in …

Believe Them

Early in the morning on November 10th, 2022, Jihye Lee from CNBC published an article with the headline “Sequoia Capital marks down its FTX investment to $0.” In the article, Sequoia is quoted as saying that “a liquidity crunch has created solvency risk for FTX” and “the full nature and extent of this risk is not known at this time.” …