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Sequoia's China exit makes sense, but why exit India: Palihapitiya
short by Ananya Goyal / on Tuesday, 13 June, 2023
US investor Chamath Palihapitiya said Sequoia Capital's decision to hive off its China partnership makes sense, but splitting from its Indian unit is surprising. "China's largely uninvestable for the next 30-40 years...[But] India's a country growing at 6% a year...why'd you let them leave?" he stated, adding, "You'd want to attach them to yourself...it makes the US business look better."
read more at Moneycontrol