Sequoia raised ~$10B in new funds, and announces it is shutting down its Arc accelerator and Scouts program, merging its early-stage and growth teams, and more (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch:
Sequoia raised ~$10B in new funds, and announces it is shutting down its Arc accelerator and Scouts program, merging its early-stage and growth teams, and more  —  Sequoia Capital posted a memo to X on Wednesday morning titled “The Sequoia of Tomorrow” that's full of surprises.