Sequoia news and trends

Sequoia Backs Off Crime App Citizen Amid VC Funding Downturn
Startups // February 26, 2023

Sequoia Capital has reportedly stopped funding the crime-tracking app Citizen amid a startup financing drought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Physics of the FTX Bubble: Hot Air Rises Fastest
Cryptocurrency // November 24, 2022

Fraud is often obvious in retrospect, and as the dust around a scandal settles, it is often easy to point fingers at the failings of those actors who could have done better. Get the Full Story Complete the form to unlock this article and enjoy...

Sequoia Capital Loses $150M in FTX Collapse
Cryptocurrency // November 22, 2022

Venture capital (VC) firm Sequoia Capital has apologized to its investors for its loss in the fallen cryptocurrency exchange FTX and said it will step up its due diligence for future investments.  Get the Full Story Complete the form to unlock this article and enjoy...

If Crypto’s Bull Market Made VCs Look Smart, What Happens Now?
Cryptocurrency // November 21, 2022

Hindsight is 20/20, and its perspective is often brought into further clarity by regret. Just ask some of the venture capital industry’s most well-known firms, like Tiger Global Management, SoftBank and Sequoia Capital, who all wrote big checks supporting the since-imploded cryptocurrency exchange FTX and...

Interviews & Exclusives
Physics of the FTX Bubble: Hot Air Rises Fastest

November 24, 2022
Fraud is often obvious in retrospect, and as the dust around a scandal settles, it is often easy to point fingers at the failings of those actors who could have done better. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Top News In Payments: Wells Fargo Collaborates With Plaid On API; Postmates Notches $225M

September 20, 2019
Today in the payments news roundup, Wells Fargo is collaborating with data platform Plaid to let customers manage their finances in one place through an application programming interface (API). Also,...

Quick Reads
OpenAI Vet Sutskever’s Startup Reportedly Raises $1 Billion

September 04, 2024
Safe Superintelligence, the company co-founded by OpenAI veteran Ilya Sutskever, has reportedly raised $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Sequoia Backs Off Crime App Citizen Amid VC Funding Downturn

February 26, 2023
Sequoia Capital has reportedly stopped funding the crime-tracking app Citizen amid a startup financing drought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Sequoia Capital Loses $150M in FTX Collapse

November 22, 2022
Venture capital (VC) firm Sequoia Capital has apologized to its investors for its loss in the fallen cryptocurrency exchange FTX and said it will step up its due diligence for...

Two Big ByteDance Investors Reportedly Back Oracle’s Bid For TikTok

August 24, 2020
Investment firms Sequoia Capital and General Atlantic, which are major investors in TikTok‘s parent ByteDance, are pushing the firm to sell TikTok’s U.S. arm to Oracle instead of rival suitor...