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Sequoia China stands tall on its own as ‘HongShan’

The venture capital firm will be led by founder Neil Shen in China, and is one of two global units being separated from its U.S. counterpart to operate independently.

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.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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