Around the Net
Sequoia Capital Raises $6B
- Financial Times, Tuesday, June 26, 2018 10:07 PM
Ready to fund the next Facebook, Sequoia Capital just raised the first $6 billion of what it hopes will ultimately be an $8 billion fund. “The closing of Sequoia’s latest funding round comes as established technology investors build bigger funds to deal with the repercussions of SoftBank assembling the largest ever private pool of capital,” the Financial Times reports. SoftBank’s Vision Fund is worth about $100 billion.
