Venture Capital
Sequoia Capital has raised $6 billion, the Financial Times reports. The firm has plans to raise $2 billion more. The firm's $6 billion global-focused fund is the largest in Silicon Valley's history. For months, prominent Silicon Valley-based venture firm Sequoia Capital has been quietly amassing a multi-billion dollar fortune to take on global competitors — primarily, the Japanese funding conglomerate Softbank. Now, the Financial Times reports that Sequoia has closed its first fundraising efforts for its new fund at $6 billion and has plans to take in $2 billion more in upcoming months.

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