Sequoia Needs To Raise More Money

from the other-side-of-the-coin... dept

Sequoia Capital, one of the biggest of the big name venture capital firms needs to raise more money for its next fund. It's the first of the big VC firms that has needed to go out to institutional investors to raise more funds, since those investors turned negative on venture capital. While most seem to think Sequoia, with its track record, will find the investors it needs, it should be interesting to see how the VCs feel being on the other side of the coin in a tough fund raising environment.

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  1.  

    I'll give them a loan

    identicon
    Steve, Jan 17th, 2003 @ 1:14pm

    As long as they let me pick a new CEO and replace the board of directors with my friends and force them to IPO all the while making the place unbearable for the brightest people to work.

    reply to this | link to this | view in thread ]


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