A S
Alex Serban
123
title
Subscriber since 2021
About
bio
Forum Posts
Sequoia Capital Targets $2.25 Billion for Two U.S. VC Funds
Posted byAlex Serban
Sequoia Capital, defying the tech market sell-off that’s chilled startup fundraising, is asking investors to commit money to two new U.S.-focused funds, according to two people familiar with the matter. The Menlo Park, Calif.-based venture capital firm behind Airbnb and DoorDash expects to dedicate $1.5 billion to a U.S. growth fund focused on more mature companies, the peo...Makers of Self-Driving Trucks Face a Long Haul to Profitability
Posted byAlex Serban
The frustrated co-founder of robotruck pioneer TuSimple demanded answers from his executives at a tense meeting in late January. The company, which went public last year and rode the global tech boom to a $15 billion market capitalization, was facing a relentless sell-off. It had hoped that its first driverless truck run, an 80-mile trip from Tucson, Ariz., to Phoenix in Dec...