Roelof Botha will become the next leader of Sequoia Capital starting July 5 and oversee the investment firm’s compliance, finance, and culture functions, the company announced on Monday. Botha, who first joined Sequoia in 2003, will replace former managing partner Doug Leone. The leadership change, long expected by Sequoia’s own investors and limited partners, comes amid a broader...
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The Briefing markets startups
Forget the IPO Window. Watch for More M&A
Here’s some food for thought about initial public offerings. Yesterday I asked Brex co-CEO Henrique Dubugras when he thought the IPO window would open. His fintech company, after all, is one of many that could be beating down that door. Having raised $1.5 billion in funding, Dubugras said the company has a plan to break even off its existing funding. When I ask the IPO question, I usually...
China’s Last-Mile-Delivery Giant Files for Hong Kong IPO
Judge Sides Against Google on Claims It Deleted Records
Google Strikes Deal With Replit in Challenge to Microsoft
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