Sequoia Capital

Major venture capital firm Sequoia Capital has launched a crypto-focused fund with allocations up to $600 million. What Happened: The new fund is part of a broader reorganization at the firm, Bloomberg reports. “We have a long-term view on crypto that it’s a megatrend over the next...

Sequoia Capital has become the latest venture firm to bet big on web3 after leading a $450 million investment round in Polygon (CRYPTO: MATIC). What Happened: According to a report from TechCrunch, Sequoia Capital India led Polygon’s “first major financing round” which also saw...

A Reddit IPO could be among the biggest stock market topics for 2022. One publicly traded conglomerate may stand to benefit from the IPO, thanks to being involved in several funding rounds. What Happened: Reddit has filed paperwork to go public. The move comes after the company was valued at $...

A leading cryptocurrency company completed a Series B-1 funding round that saw its valuation climb. Here are the details on the funding round and what’s next for the company. What Happened: FTX, parent company to cryptocurrency exchange FTX.com, raised $420.69 million in a Series B-1 funding...

One of the richest people in the world gained his wealth by creating a leading ecommerce company. He is also among the investors in an Indonesian ecommerce company, but is doing so on his own and not with his company. What Happened: Jeff Bezos, the founder of Amazon.com Inc (NASDAQ: AMZN), is...

Open source social media platform BitClout continues to grow and is attracting new business leaders and celebrities to the site. About BitClout: Creators on BitClout have a coin value based on demand from people on the platform. Followers can buy and sell the coin, making BitClout a crypto social...

A new social network that allows followers to buy tokens in accounts is taking the world by storm. The network, called Bitclout, has seen interest from large investors, athletes, celebrities, retail traders and creators.  The Basics On Bitclout: Bitclout offers a way for users to...

Swedish fintech company Klarna could be the second "buy now, pay later" company to postpone an anticipated IPO following a delay last week by Affirm Holdings Inc. What Happened: CEO Sebastian Siemiatkowski publicly said in August that the company could go public in one or two years. But...

Chamath Palihapitiya-backed SPAC Social Capital Hedosophia Holdings Corp III (NYSE: IPOC) announced Tuesday that it is bringing Clover Health public at an enterprise valuation of $3.7 billion. Deal Terms: The deal includes $828 million from Social Capital Hedosophia Holdings Corp III...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Sequoia-backed insurance startup Clover Health plans to go public via a merger with blank check company Social Capital Hedosophia Holdings Corp. III (NYSE: IPOC), reports the New York Times. What Happened: The deal in advanced discussions values...

Two major investors in TikTok parent company ByteDance are lending support to Oracle Corp’s (NYSE: ORCL) purchase of the short-form video app, with the intent of being a part of a deal, the Wall Street Journal reported Monday. What Happened: General Atlantic and Sequoia Capital...

Alibaba Group Holding Limited-backed (NYSE: BABA) Xpeng Motors Technology Ltd. said it raised nearly $500 million in a Series C+ funding round, even as electric vehicle sales see a slump in mainland China. What Happened Investors that participated in the funding of the...

Robinhood, a retail trading platform that offers investors commission-free stock, ETF, options trading and high yield savings accounts, formally announced the closure of a $280 million Series F funding round, led by Sequoia Capital, with participation by New Enterprise Associates, Ribbit...

Starbucks Corporation (NASDAQ: SBUX) on Sunday announced it had partnered with Sequoia Capital's China arm to make strategic co-investments in the country. What Happened The partnership will give Starbucks a footing in China's "growing technology landscape," and help forge...

Sequoia Capital, a venture capital firm, has raised $3.4 billion for investments in the U.S. and China, according to the information on their Form D filing with the U.S. Securities and Exchange Commission. What Happened The California-based company filed the Form D with SEC on Tuesday,...