Sequoia Scouts, Fidelity Cuts Value of Unicorns

Sequoia has been funding pre-angel investors called Scouts: the point isn’t to make money, but to gather information and build relationships. Then, Fidelity is marking down startups: is the sky falling?

Venture Capital and the Internet’s Impact

Venture Capital has been transformed by a surprising source: Amazon. Ultimately, no industry is safe from the impact of the Internet.