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asia venture capital

Sequoia Capital’s Chinese Arm to Split From U.S. Firm

By
Juro Osawa
· · Source: The Information

Sequoia Capital said Tuesday that its Chinese affiliate, Sequoia Capital China, will split from the U.S. venture capital giant and be wholly independent by early next year. As part of the separation, a profit-sharing arrangement between the two firms’ employees will end, according to a person with knowledge of the matter, though U.S.-based Sequoia investment personnel will continue to hold...

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