Sequoia Capital

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Sequoia Capital Operations, LLC
Private
Industry Venture capital
Founded 1972
Founder Don Valentine
Headquarters Menlo Park, California, USA
Area served
United States, China, India, Israel
Key people
Michael Moritz
Douglas Leone
Jim Goetz
Neil Shen
Website www.sequoiacap.com

Sequoia Capital is an American venture capital firm.[1] The firm is located in Menlo Park, California and mainly focuses on the technology industry.[2] It has backed companies that now control $1.4 trillion of the combined stock market value.[3] Sequoia manages multiple investment funds including funds specific to India,[4] Israel,[5] and China.[6]

History[edit]

Sequoia was founded by Don Valentine in 1972[7] in Menlo Park, California. In the mid-1990s, Valentine gave control of the company to Doug Leone and Michael Moritz.[3] In 1999, Sequoia expanded its operations to Israel.[8] Sequoia Capital China was established in 2005 as an affiliate to the U.S. firm.[9] In 2006, Sequoia Capital acquired Westbridge Capital Partners, an Indian venture capital firm. It later was renamed Sequoia Capital India.[10] CB Insights recognized Sequoia Capital as the number one venture capital firm in 2013.[11]

Investments[edit]

Sequoia Capital is a venture capital firm that invests in public and private companies from all sectors. It specializes in incubation, seed stage, start-up stage, early stage, and growth stage investments in private companies.[12]

The firm seeks to invest in companies based in the United States for early and seed stage investments. However, for growth stage investments, it does not limit its investments to any country and recent funds have been internationally focused. It invests between $100,000 and $1 million in seed stage, between $1 million and $10 million in early stage, and between $10 million and $100 million in growth stage.[13]

Sequoia Capital has invested in over 250 companies since 1972, amongst others: Apple, Google, Oracle, PayPal, Stripe, YouTube, Instagram, Yahoo! and WhatsApp. The combined current public market value for these companies is over $1.4 trillion, equivalent to 22 percent of Nasdaq.[3]

Portfolio[edit]

Sequoia mainly invests in these sectors:[12]

  • Financial services
  • Healthcare
  • Internet
  • Mobile sector
  • Outsourcing
  • Technology

See also[edit]

References[edit]

  1. ^ Mazel tov, Israeli startups: Sequoia Capital raise $200M to fund you, Meghan Kelly, August 23, 2012, Venture Beat, retrieved May 12, 2016
  2. ^ Secretive, Sprawling Network of ‘Scouts’ Spreads Money Through Silicon Valley, Rolfe Winkler, November 12, 2015, Wall Street Journal, retrieved May 12, 2016
  3. ^ a b c "Inside Sequoia Capital: Silicon Valley's Innovation Factory". Forbes. Retrieved 2015-12-03. 
  4. ^ Sequoia Capital reportedly mulling new $800M India fund, may start raising October, Michael De Waal-Montgomery, VentureBeat, retrieved May 12, 2016
  5. ^ Sequoia Capital raises more than $1 billion for startups, Dan Primack, August 15, 2013, Forunte, retrieved May 12, 2016
  6. ^ Sequoia's Neil Shen Tops Forbes China Ranking Of Best Venture Capital Investors, Russell Flannery, January 15, 2014, Forbes, retrieved May 12, 2016
  7. ^ With WhatsApp deal, Sequoia Capital burnishes reputation, Sarah McBride, February 21, 2014, Reuters, retrieved May 12, 2016
  8. ^ Israel's Most Important Source of Capital: California, Darwin Bond-Graham, August 20, 2014, CounterPunch.org, retrieved May 9, 2016
  9. ^ How Neil Shen Built A Winner At Sequoia Capital China, April 2, 2014, Alex Konrad, Forbes, retrieved March 30, 2016
  10. ^ "How Sequoia Capital India became Asia’s most prolific venture capital firm". Quartz. Retrieved 2015-12-03. 
  11. ^ Sequoia Capital leads the venture capital pack, Kent Bernhard Jr, March 15, 2013, Upstart, retrieved May 9, 2016
  12. ^ a b "Sequoia Capital website". September 4, 2013. 
  13. ^ Rao, Leena (December 17, 2012). "Sequoia Raises $700M For Global Growth Fund". Tech Crunch. 

External links[edit]