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Many experts believe that a relatively nascent LP ecosystem and a general expectation that VC funds be closed-end in nature prompted the country’s omission
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Indian startups | Sequoia India
A few weeks back, venture capital firm Sequoia announced that it was restructuring its fund structure in a number of ways, the most important being that the 10-year fund cycle would be abandoned. The Sequoia Fund will be able to invest in and hold public stocks indefinitely, bypassing a basic constraint of venture capital which is limited time horizons.
What stood out in this announcement was that its India arm would not be a part of this restructuring–this was only for Sequoia’s funds in the US and Europe. According to Crunchbase data, Sequoia was the most active …
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First Published: Tue, November 09 2021. 15:50 IST
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