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.
What stood out in this announcement was that its India arm would not be a part of this restructuring--this was only for Sequoia’s funds in the US and Europe. According to Crunchbase data, Sequoia was the most active startup investor in