The trend that is instant grocery delivery — online ordering of essentials with your purchases being delivered to you in under an hour — continues to proliferate across multiple markets, and in the latest development, Sequoia is leading an investment in one out of Australia. Voly, a five-month-old Sydney-based startup that offers thousands of SKUs […]
Sequoia dramatically revamps its fund structure as it looks to rethink venture capital model
Sequoia Capital is debuting a big shift in strategy as they look to boost their returns amid increased competition in the market for startup financing. The storied venture capital firm announced in a blog post today that they’re breaking with tradition, abandoning the traditional fund structure and their artificial timelines for returning LP capital. The […]
Post-pandemic shifts means Patch will take co-working to UK small towns and suburbs
It would be fair to say the pandemic has had enormous effects on the world of work, but it has come at a time when other factors were already ongoing. The decline of main-street shopping due to e-commerce has only been hastened. The shift to remote working has sky-rocketed. And people no longer want to […]
Cribl raises $200M to help enterprises do more with their data
Cribl is developing unified data pipelines, called “observability pipelines,” to parse and route any type of data that flows through a corporate IT system.
Evervault’s ‘encryption as a service’ is now open access
Dublin-based Evervault, a developer-focused security startup which sells encryption vis API and is backed by a raft of big name investors including the likes of Sequoia, Kleiner Perkins and Index Ventures, is coming out of closed beta today — announcing open access to its encryption engine. The startup says some 3,000 developers are on its […]
Sequoia leads $13M investment in Aalto, an online marketplace that lets homeowners sell directly to buyers
If you’ve ever sold a house, you know what a pain it is to go through the process of listing, showing and negotiating the sale of your home. It’s so much of a pain that many people put it off as long as possible because they don’t want to deal with it. The result is […]
Crypto infra startup Fireblocks raises $310M, triples valuation to $2.2B
The latest financing brings Fireblocks’ total raised since its 2018 inception to $489 million. The valuation boost correlates with its increase in customers and ARR this year.
Sequoia’s Mike Vernal outlines how to design feedback loops in the search for product-market fit
“Finding product-market fit is not a deterministic process. Most of the time, it requires iteration. It requires constant adaptation.”