3 ms·
Sequoia is structured as an LLC, but they, or an affiliated "GP Co" still act as the general partner of their funds (which are limited partnerships). Here's a
by propter_hoc 4y ago
Sequoia is structured as an LLC, but they, or an affiliated "GP Co" still act as the general partner of their funds (which are limited partnerships).
Here's a couple diagrams of typical VC fund structures:
1. https://www.asimplemodel.com/wp-content/uploads/2021/10/Private-Equity-Fund-Structure_Summary-Text_202009_TinyPNG-980x551.png https://www.asimplemodel.com/wp-content/uploads/2021/10/Priv...
2. https://miro.medium.com/max/1400/1*XPPTuER9ZGAoXSMe544ZUw.png https://miro.medium.com/max/1400/1*XPPTuER9ZGAoXSMe544ZUw.pn...