VC Giant Sequoia Capital Changing Fund Structure to Invest in Emerging Asset Classes Including Crypto

Venture capital firm Sequoia Capital is changing its fund structure to invest in emerging asset classes like cryptos along with initial public offerings (IPOs). In a blog post, Roelof Botha, a partner at Sequoia, declared that the existing time-based model — “rigid 10-year fund cycle” — for investing has “become obsolete.” Much like the VC…

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