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One of the biggest VC firms in the world just raised a $1.4 billion war chest to back the next Google

  • One of the biggest VC firms in the world just raised a $1.4 billion war chest to back the next Google
  • In 1999, Kleiner Perkins and Sequoia Capital paid $25 million (£19 million) for what is thought to have been around 20% of Google.
  • Legendary billionaire investor John Doerr, who has been with the firm since the 1990s and backed the likes of Google, was not listed as one of the people that will manage the new funding.
  • The investment firm â described by The Wall Street Journal as one of the largest venture capital businesses in the world â has appointed new leaders to oversee the capital, including new general partner Noah Knauf, who spent nine years working for private equity firm Warburg Pincus.
  • Valuations for certain venture capital-backed businesses are cooling off , and there have been relatively few IPOs in the last year.

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@BIUK_Tech: “One of the biggest VC firms in the world just raised a $1.4 billion war chest to back the next Google”


The capital is being spread across two funds, with very different aims.


One of the biggest VC firms in the world just raised a $1.4 billion war chest to back the next Google