Sequoia marks up its 2020 fund by 25%
Sequoia Capital increased the value of its 2020 U.S. Venture XVII fund by 24.6% over a year, despite no exits.
MAIN POINTS
- Sequoia Capital marked up its 2020 U.S. Venture XVII fund by 24.6%.
- The valuation increase occurred over a 12-month period ending in June.
- Data analysis was conducted by PitchBook using information from the University of California's endowment.
- The fund's performance improvement happened despite a lack of exits.
TAKEAWAYS
- Sequoia Capital demonstrates resilience by increasing fund value without exits.
- The 24.6% markup reflects strong performance in a challenging market.
- Analysis by PitchBook highlights Sequoia's strategic fund management.
- University of California's endowment data provided insights into fund valuation.