Unpacking Sequoia’s $21M conflict of interest

Yesterday, TechCrunch broke the news that Sequoia, one of the best-known venture capital firms in the market today, had “parted ways with [Finix] over a purported conflict of interest and, almost more shockingly, handed back its board seat, its information rights, its shares and its full investment.” Sequoia led the $35 million round into the […]

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