Google will “significantly slow down” its hiring for the rest of 2020, CEO Sundar Pichai told employees in an email on Wednesday, in what is the clearest signal yet that the tech giant’s business has been hurt by the global pandemic. “The clear lesson from 2008 is that preparing early is key to weathering the storm and emerging in a position to continue long-term growth, as we have done over...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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