Decoded: Why Sequoia decided to split into three

The termination of this once highly successful partnership that scoured the consumer internet and tech universe and unearthed multi baggers would mean that other than Accel Partners and Lightspeed Venture which itself is beset with a bleeding India portfolio, none of the top 10 VCs worldwide are in India any more. And finally when one of Silicon Valley’s biggest bankroller bails out, it can be seen as the biggest vote of no confidence on our home grown venture capital industry

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