2005
Sequoia raised a $160 million China fund before having a signed contract with the founding team.
“And so, we went fundraising. We still didn't have a signed contract. And we raised a $160 million fund.”
Topic
Sequoia Capital China
6 facts from 2 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2006
Dianping raised $1.5 million from Sequoia China's Neil Shen in 2006, and Google led its Series B around 2007.
“They raised $1.5 million from Neil Shen in 2006.”
2010
Meituan raised $12 million from Sequoia China in early 2010 and about $50 million from Alibaba in early 2011.
“So right off the bat, they raised $12 million from Sequoia, China when they launched in early 2010.”
2018
Sequoia invested around $400 million in Meituan and Dianping, whose shares were worth about $5 billion at the 2018 IPO, according to the hosts citing the Wall Street Journal.
“So according to the Wall Street Journal, Sequoia invested around $400 million into Meituan, Dianping, all of them over the years.”
Undated
Neil Shen was one of the two China-based founders who launched Sequoia China.
“It was Neil Shet. There were two founders. One of them was Neil Shet.”
Undated
Leone says Sequoia China has had roughly 50 to 60 IPOs.
“Dot, dot, dot. We've had somewhere near 50, 60 IPOs. And so, I had the idea on a one-page sheet.”
Episodes