Sequoia hits rewind, undoing 20 years of expansion

Sequoia is consolidating into a smaller, Bay Area–centered firm, shutting down the programs and offices it built during a 20-year expansion while announcing roughly $10 billion in new funds.

First reported by TechCrunch 1 hr ago1 source

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TechCrunch17:111 hr ago
Sequoia hits rewind, undoing 20 years of expansion (opens TechCrunch in a new tab)
Sequoia is consolidating into a smaller, Bay Area–centered firm, shutting down the programs and offices it built during a 20-year expansion while announcing roughly $10 billion in new funds.