Documents filed with the SEC on Friday indicate that Sequoia Capital has raised $700 million for its global growth fund, an existing but not yet reported fund for international investments. The firm has been expanding internationally recently as the trend among VCs is to look overseas. Read more »
Silicon Valley’s smartest investor, Sequoia Capital, is telling its companies to tighten their belts. Super-angel Ron Conway is telling his portfolio of startups to batten down the hatches, cut jobs, and get ready for the worst. The credit crunch is hitting tech land like the proverbial Category 5 hurricane. Continue ReadingRead more »
