Private equity firm founder Bradford Freeman made it onto the field for one play as a Stanford University scholarship football player and jokes that he is “the highest-paid student-athlete, per minute, in history.”
Achates Power Inc., a developer of efficient internal-combustion engines, raised $35.2 million from investors including Sequoia Capital Partners and the venture capital arm of Wal-Mart Stores Inc.’s founding family.
Dianping.com, China’s largest website for location-based food and entertainment services, plans to sell shares in an initial public offering in five years and says it may be worth more than Yelp Inc. or Groupon Inc.
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.
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.