One of the most renowned and successful VC firm has split its business into 3. This is the VC which has backed 3 out of the 6 companies which have hit $1trillion in Market Valuation. The business is being split into 3 groups, North America and Europe under the name Sequoia Capital, India will be named Peak XV Partners and in China they will be called HongShan. The split is expected to be done by around March 2024.
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