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Sequoia hits rewind, undoing 20 years of expansion

Source: TechCrunch

Private Markets & VentureM&A & Restructuring

Sequoia is consolidating into a smaller, Bay Area–centered firm, winding down programs and offices developed during a 20-year expansion while announcing roughly $10 billion in new funds. The article gives no details on the affected programs, fund strategies, or financial impact.

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