Sequoia Capital

Basics

• In a short thread about VCs and dumping, Sequoia India was one of the hodlers (4-6-2022):

"Another hardcore hodler's wallet, with no user-side movement since Oct. 2021 Diamond handed dudes!"

Investments

• Diamond handed their two biggest bets, DoorDash and Unify (non crypto) in 2021 and lost out on ~18B in profit when the stock markets started to crash in 2022. Sequoia plans to hold (21-6-2022).
• From The Block (17-2-2022):

"Sequoia Capital will bet on tokens through its new crypto fund worth $500-600 million. The VC firm will also actively manage tokens, from staking them to providing liquidity to participating in governance."

• From Forbes (18-10-2020):

"Known for investing in companies from Apple and Google to WhatsApp and Stripe."

• Bitclout; it's founder has mentioned this fund as an investor (23-3-2021).
• IOStoken.
• FTX; participated as one of the 69 investors in the $420M round (22-10-2021).
• Huobi; invested in their second funding round in 2014.
• LayerZero; part of the Series A of $135 million (31-3-2022).
• Nervos Network. Invested in Nervos Network (22-1-2020).
• Neutral Dollar. Supports The Neutral Dollar.
• Paradigm. Invested in Matt Huang's Paradigm (18-10-2020).
• StarkWare; according to DeFi Weekly (9-3-2021). Again part of a $75M raise (24-3-2021). Took part in the Series C raise of $50m (17-11-2021).
• Twitter; committed $800M to finance Elon Musk's takeover (5-5-2022).

Team

• Matt Huang; former Sequoia Capital partner
• Member of Open DeFi (2-9-2020).
• Is mentioned as a partner on Ontology's website (2-11-2020).
• Mentioned (13-7-2021) as part of the Investor Network of Asia DeFi Network (ADN).