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Home Breaking News

HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest

by DigestWire member
November 28, 2024
in Breaking News, Technology
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HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest
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According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two […]

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