Sequoia Capital Founder Accidentally Throws Away $200 Million In Bitcoin

SAN FRANCISCO, March 5 - Sequoia Capital co-founder Doug Leone was left shocked and dismayed today after accidentally throwing out a whole trove of Bitcoin worth $200 million.

Leone had been sorting through old paperwork in his Menlo Park office when he came across an unmarked USB drive. "I assumed it was junk and threw it in the trash," he explained. Little did he know the drive contained the private keys to millions of dollars worth of Bitcoin he had purchased back in 2013.

By the time Leone realized his mistake sometime later, it was too late. The trash had already been collected and the Bitcoin were irretrievably lost. "I feel awful about this whole situation," said a clearly distressed Leone. "Sequoia has backed many innovative startups over the years, but I never expected that I might end up destroying more value than all our investments combined!"

The mishap is a painful reminder of the inherent risks around digital assets and a warning to any Silicon Valley elite still clinging to physical paperwork in this digital age. Meanwhile, Leone faces an uncertain future, with some calls from within Sequoia to consider his position in the wake of such a costly blunder. However, most recognize that one mistake should not define an otherwise stellar career.

As for the Bitcoin, they have now been permanently removed from circulation, some might say prematurely - though at quite a hefty price. The saga continues.