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What Sequoia's exclusionary act says about India's startup ecosystem

Many experts believe that a relatively nascent LP ecosystem and a general expectation that VC funds be closed-end in nature prompted the country's omission

Topics
Indian startups | Sequoia India

Deepsekhar Choudhury  |  Bengaluru 



Sequoia Capital
Photo: Shutterstock

A few weeks back, venture capital firm Sequoia announced that it was restructuring its fund structure in a number of ways, the most important being that the 10-year fund cycle would be abandoned. The Sequoia Fund will be able to invest in and hold public stocks indefinitely, bypassing a basic constraint of venture capital which is limited time horizons. 

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First Published: Tue, November 09 2021. 15:50 IST

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