Category: Sequoia Capital

In Silicon Valley, Venture Capital Meets a Generational Shift

Big-name investors such as Reid Hoffman and Michael Moritz are pulling back, creating room for a new generation of tech power brokers.
Silicon Valley Venture Capitalists Are Breaking Up With China

Under intensifying scrutiny from U.S. lawmakers, top firms have pulled back from investing in Chinese start-ups.
American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.
Sam Altman Is Reinstated as OpenAI’s Chief Executive

The move capped a chaotic five days at the artificial intelligence company.
Sam Altman Is Said to Be Discussing Return to OpenAI With Company’s Board

Mr. Altman was forced out of the artificial intelligence start-up on Friday, leading to an outcry from his supporters and the company’s investors.
Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial

Tech investors lauded Mr. Bankman-Fried and helped fund his FTX crypto exchange. The tech industry has since done what it does best: move on.
Venture Capital Giant Sequoia Spins Off China and India Units

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.
Reassessing Engine No. 1’s Fight Against Exxon Mobil

As investors press Exxon Mobil on climate issues, activists say that a hedge fund’s eco-focused victory over the oil giant two years ago has achieved little.
Silicon Valley Bank’s Deep Ties to the Tech Industry

The New York Times – Business:
More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.
Troubles at Silicon Valley Bank Rock the Global Stock Market.

The New York Times – Business:
Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.
Contagion in Crypto From FTX’s Fall Is Growing

The New York Times – Business:
The crypto exchange’s collapse is stoking fears of contagion across the industry. Meanwhile, FTX’s founder, Sam Bankman-Fried, is still speaking out.
FTX’s In-House Performance Coach Is Just as Surprised as You Are

The New York Times – Business:
George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.