Sequoia Capital

Sequoia Capital Reportedly Downsizes 2 Major Funds
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023  |  Investments

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes...

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Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
July 16, 2023  |  Investments

Venture capital (VC) outfits are reportedly shrinking their megafunds after years of building them up. As The Wall Street Journal (WSJ) reported Sunday (July 16), these...

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US Taxpayers Backstopped Big Tech, VC Billions During SVB Collapse 
US Taxpayers Backstopped Big Tech, VC Billions During SVB Collapse 
June 23, 2023  |  Connected Economy

If money could’ve talked this spring, it would’ve been saying “goodbye.” Or so politicians, businesses and individuals around America thought when Silicon Valley Bank (SVB) collapsed...

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VC Firm Sequoia Capital to Divide Into 3 Independent Companies
VC Firm Sequoia Capital to Divide Into 3 Independent Companies
June 06, 2023  |  Business

Sequoia Capital is going to divide itself into three independent companies. No later than March 31, 2024, Sequoia China will become HongShan, Sequoia India/Southeast Asia...

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Crypto’s Lapses Hold Big Industry Lessons
Crypto’s Lapses Hold Big Industry Lessons
February 16, 2023  |  Cryptocurrency

For the cryptocurrency industry to grow, sector foibles can’t keep looking so avoidable in retrospect. This, as a recent class action lawsuit filed in California...

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Sequoia Named in Lawsuit for Adding ‘Legitimacy’ to FTX
Sequoia Named in Lawsuit for Adding ‘Legitimacy’ to FTX
February 15, 2023  |  Cryptocurrency

FTX investors have reportedly sued three investment firms for propping up the bankrupt crypto exchange. Sequoia Capital, Thoma Bravo and Paradigm are among the venture...

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FTX Venture Backers Look to Deflect Crypto Diligence Scrutiny
FTX Venture Backers Look to Deflect Crypto Diligence Scrutiny
January 13, 2023  |  Cryptocurrency

Blue chip investors’ relations with LPs and regulators have been strained by the FTX fiasco. They are now trying to save face and promising to...

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Indian Cross-Border Payments Platform PayGlocal Raises $12M
Indian Cross-Border Payments Platform PayGlocal Raises $12M
June 19, 2022  |  Cross-border Payments

PayGlocal, a payment solutions startup, has raised $12 million in a funding round, according to the Economic Times of India. PayGlocal works on the allowance...

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Today in Crypto: Sequoia, Binance Among Investors Helping Musk Buy Twitter; FinTech Bitlocus to Launch Crypto-friendly Visa Debit Card; Argentina’s Central Bank Nixes Crypto Offerings
Today in Crypto: Sequoia, Binance Among Investors Helping Musk Buy Twitter; FinTech Bitlocus to Launch...
May 05, 2022  |  Cryptocurrency

Binance has committed $500 million, alongside another $800 million from Sequoia Capital, to help fund the $44 billion takeover of Twitter by Elon Musk, CoinDesk...

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