Sequoia Capital, the venture capital powerhouse, is breaking up into three entities across the globe, splitting the Chinese and US operations as tensions grow between the world’s two largest economies.
The Silicon Valley firm said that the split would simplify its business. The move comes amid rising tensions between the United States and China over technology investment and development.
By Bryan Mena, CNN Washington, DC (CNN) — Venture capital titan Sequoia is splitting its business into three independent partnerships, each with separate brands. The Silicon Valley-based firm’s expansive investments in China, which have drawn attention from US lawmakers amid growing geopolitical ten…
Sequoia Capital is splitting its China, India and Southeast Asia and U.S. and Europe businesses into three different entities, the company announced Tuesday.
Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.
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Sequoia Is Splitting Into Three VC Firms | Since Then
