Sequoia Capital raising around $1B for new funds — that’s one Instagram

Sequoia Capital, a Silicon Valley venture firm, is raising new money for a number of different funds in the U.S. and China, that in aggregate would be around $1 billion.

Fortune is reporting these new funds may be used for …

Sequoia Capital’s Michael Moritz steps back due to illness

Long-time venture capitalist Michael Moritz, a key partner in one of Silicon Valley’s biggest VC firms, Sequoia Capital, is stepping back from his management role because of an incurable, rare medical condition. He announced the news to fellow investors in …

Andreessen-Horowitz partners say they’ll give half of their profits to charity

Following the example set by philanthropists like Warren Buffett and Bill Gates, the venture capitalists at Andreessen Horowitz have made a joint pledge to donate at least half of their substantial incomes to charity.

The firm’s six general partners all …