Sequoia Capital is looking to raise a $5 billion investment fund.
The legendary Silicon Valley venture firm, known for its stellar investment returns, is in the early stages of raising its next global growth fund.
Recode’s Kara Swisher first reported the news of the fund. She’s hearing that Sequoia is targeting $5 to $6 billion. We’re hearing that right now it’s looking more like $5 billion. The fundraising is expected to get underway in the first quarter of 2018.
