This article only represents the author's own views.
When you grow up in the wilds of China’s fertile but fast-developing venture capital market, it helps to have a well-rooted brand to nurture you along. But as the Chinese market matures into a top destination for global investment in high-growth startups, there eventually comes a time to stand alone.
That looks like the case with global venture capital giant Sequoia Capital, which on Tuesday announced it will separate into three independent firms. The Silicon Valley-based company’s U.S. and Europe business will retain the Sequoia Capital name, while Sequoia India/SEA will become Peak XV Partners.