Sequoia Capital

[2][3] Sequoia is an umbrella brand for three different regionally focused venture entities:[4] Notable successful investments made by the firm include Apple, ByteDance, and Cisco.

[5][6][7] Sequoia was founded by Don Valentine in 1972 in Menlo Park, California,[8][9][10] at a time when the state's venture capital industry was just beginning to develop.

[26] In 2016, Sequoia hired Jess Lee, making her the first female investing partner in the United States in the firm's history.

[30][31] In October 2021, Sequoia announced it would implement a new fund structure for its U.S. and European business that would allow it to remain involved with companies after their public market debuts.

[32][33][34] In March 2022, The Information reported that Sequoia Capital China was raising an $8 billion fund to invest in Chinese tech companies.

[36] In June 2023, Sequoia announced plans to break up into three entities citing complications running a decentralized global investment business in the middle of geopolitical tensions.

[37] Following the separation, expected to complete by March 2024, the Chinese business led by Neil Shen would be called HongShan ("sequoia" in Mandarin) and the Indian and Southeast Asia arm would be named Peak XV Partners.

[41]: 94–95  According to Chinese media, Sequoia was one of the major influences in mergers between Meituan and Dianping, between Uber China and Didi, and between VShop and Lefenghui.

[48][11][55] Sequoia is an umbrella brand for three different venture entities: one focused on the U.S. and Europe, another on India and Southeast Asia, and a third on China.

[58] In 2019, Hurun Research Institute identified Sequoia as the world's top unicorn investor, noting it had invested in one in five of all private companies valued at $1 billion or more.

[59][60] In July 2021, Sequoia published a piece about "the Latin American startup opportunity" that signaled it would increase its focus there.

[99] The company released a notice to investors, stating that their stake in FTX represented a small amount of their investment portfolio.