PALO ALTO, U.S. -- The decision by U.S. venture capital giant Sequoia Capital to split off its China division reflects the growing impact of tensions between Washington and Beijing on startup investment in Silicon Valley.
Finance
Sequoia Capital's split-off of China business spurred by Sino-U.S. rift
VC giant's move may lead to further de-risking in startup investment
Neil Shen, who heads Sequoia Capital's China business, says that each fund had become more independent in recent years. © Reuters
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