FTX investor Telstra Ventures may have lost "millions" of dollars

ChainCatcher news, Telstra Ventures is one of the Australian venture capital firms affected by the FTX bankruptcy. The venture capital firm is one of the investors in FTX, and its managing partner Matthew Koertge declined to comment on the specific number of shares held in FTX during an interview on Sunday.

However, according to the foreign media Financial Review, compared to the huge losses of Sequoia Capital, Telstra Ventures may only have losses in the millions of dollars. Another Australian local venture capital firm, AirTree Ventures, clarified publicly that its company has no exposure to FTX, but expressed shock at the sudden disaster. (source link)