SAN FRANCISCO, Feb 4 (Reuters) - Regions around the world have long sought to replicate [...]Continue
The University of California found its way back into a Sequoia Capital fund last year after spending eight years in an investment-barred wilderness.Continue
This year’s secondary market for private equity is expected to outpace last year’s, sources tell peHUB. LPs—particularly, pension funds—are doing more to get out of LBO firms and reallocate into cash, according to interviews with PE professionals and secondary transaction execs. One such pension LP is the secretive $22 billion Indiana Public Retirement System, which […]Continue
So, how did Dropbox get itself valued at approximately $4 billion and rope in a quarter-bil from investors including Index Ventures and Goldman Sachs? For one, the company aims to grow its revenue almost ten-fold over the next couple of years, peHUB has learned. Projections provided to investors in its most recent round have Dropbox’s […]Continue
Taykey, the Israel-launched mobile advertising technology company, just wrapped a $9 million funding from investors including Crescent Point, Softbank Capital and Sequoia Capital.
Now, says co-founder and CEO Amit Avner, the company—at just $11 million raised—will build out its New York offices as it looks….Continue
Four founding partners of venture firm Sequoia Capital’s India unit have quit to start a new company for public market investments in India, Reuters reported. The partners – Sumir Chadha, K.P. Balaraj, S.K. Jain and Sandeep Singhal – will continue to represent Sequoia on the boards of portfolio companies, Reuters said. Sequoia named a team of five new managing directors who will run the India unit.Continue
President Obama emphasized clean energy in his State of the Union address on Monday, calling on the nation to get 80% of its electricity from renewable and other sources by 2035. It seems like the venture community anticipated his plea. Clean energy comes in a number of different flavors, according to Obama. Wind, solar, nuclear, […]Continue