Why Sequoia Capital is sawing off its Chinese branch

NEIL SHEN has god-like status in the Chinese private-equity industry. The lead dealmaker at Sequoia China placed big, early bets on some of the country’s most successful technology companies, such as Meituan, a delivery super-app, and Pinduoduo, an e-commerce giant. Now Mr Shen’s investment firm is planning to go it alone, dropping the Sequoia name and eventually severing all connections with its Silicon Valley parent.

Listen to this story. Enjoy more audio and podcasts on iOS or Android.

Your browser does not support the <audio> element.

On June 6th Sequoia Capital, a 51-year-old stalwart of the venture-capital industry, announced it would split into separate

→ Continue reading at The Economist

Similar Articles


Most Popular