Sequoia Capital News
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Tumblr Inc.’s $1.1 billion purchase by Yahoo! Inc. marks the biggest deal for a venture-backed New York startup, bringing a windfall for East Coast investors Union Square Ventures and Spark Capital while laying a foundation for further investing in the region’s entrepreneurs.
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Tumblr Inc. Chief Executive Officer David Karp, a 26-year-old who started the company in 2007, signed a note announcing Yahoo! Inc.’s $1.1 billion acquisition with the closing, “F--- yeah.”
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Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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LinkedIn Corp. unveiled its website ten years ago this week, from a tiny Silicon Valley office next door to an emerging social-networking service called Friendster.
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Google Inc., owner of the world’s most popular search engine, acquired a minority stake in LendingClub Corp. as the peer-to-peer lender closes in on $2 billion in funded loans.
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Indian companies are planning to sell shares in the U.S. for the first time since 2010 lured by rising prices in the world’s biggest market for equities as an economic slowdown at home makes initial public offerings unattractive, according to Jefferies Group LLC.
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Sequoia Capital, a Silicon Valley venture-capital firm that backed Apple Inc., Yahoo! Inc. and Google Inc., is set to exceed its combined goal of $975 million for a trio of new early-stage funds, according to two people familiar with the matter.
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Songkick.com Inc., a provider of concert information, received a $10 million investment from venture firm Sequoia Capital, three months after the service became available on Spotify Ltd.
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Sequoia Capital India agreed to sell part of its stake in diagnostics and pathology services firm Dr Lal PathLabs Pvt. to U.S.-based private equity firm TA Associates Inc., the Mint newspaper said, citing Sequoia director Sandeep Singhal.
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Tanda Srinivas was lounging in the yard of his two-room house in the southern Indian village of Mondrai shortly after noon on Oct. 28 when his wife, Shobha, burst out of the door covered in flames and screaming for help.
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