Sequoia Capital's venture capital team has been in turmoil recently, with two cryptocurrency investors leaving, causing Sequoia to lose $214 million. The first-tier investment and financing situation in the crypto market was bleak in the first half of the year, with the amount of financing nearly "halved" month-on-month. However, there is still a dark horse in the VC circle, DWF Labs, which invested 32 times in the first half of the year, far exceeding other investment institutions. At the same time, the secondary market of cryptocurrency has emerged from the bear market, and the price of Bitcoin has risen by more than 90%, bringing respite to investors. Perhaps, as the secondary market emerges from the bear market, the investment and financing situation in the primary market will improve in the second half of the year. What do you think? Feel free to discuss in the comments section.