Sources: US official Kurt Campbell confronted Sequoia's Don Vieira over funding Chinese startups that may threaten US security, leading to the three-way split
Wall Street Journal : Twitter: @niubi , @sarthakgh , and @kate_okeeffe Twitter: Bill Bishop / @niubi : Sequoia made a fortune investing in the U.S. and in China. Then the venture firm found it had to choose one https://www.wsj.com/... via @WSJ Neil Shen “told ByteDance it could deflect U.S. regulatory heat by offering security guarantees, hiring more white Americans to run TikTok... https://twitter.com/... Sar Haribhakti / @sarthakgh : “Biden administration's senior Asia policy official, Kurt Campbell, confronted Sequoia's top executive in Washington, Don Vieira. Campbell asked why Sequoia would fund Chinese companies that might threaten U.S. national security.....” https://www.wsj.com/... Kate O'Keeffe / @kate_okeeffe : NEW: Sequoia became the most consistent moneymaking venture-capital firm in history, placing huge winning bets in the U.S. and in China. In the end, the Silicon Valley firm had to choose just one. https://www.wsj.com/... with @berber_jin1 @aviswanatha @RolfeWinkler