Trump assassination attempt, Secret Service failure, Inside the RNC, VC liquidity problem

3635 - 3659.477 Freeberg

20X, Michael Moritz, led the seed in Series A. Sequoia offered to buy back $860 million in Stripe shares from LPs in its legacy funds. Those are the funds between 2009 and 2012. Sequoia is using capital from their newer funds, like its Evergreen Fund that was formed in 2021, the Heritage Fund, that's their wealth management team, to give the legacy funds some liquidity. It's not normal.