Sequoia Capital Is Raising A New Dedicated Fund For Its Stealthy ?Scout? Seed Investing Program

What many people don't realize is that Sand Hill Road VCs are not all sitting on the sidelines as seed and angel investors have their moment in the sun. Many of these firms have been very quietly getting into the seed and angel game in their own clever way: By hiring "scouts." And Sequoia Capital is bringing its four-year-old stealthy scout program into the open in a big way: By raising an official dedicated fund. This morning, the firm filed regulatory documents to the SEC for a new investment vehicle called the "Seqouia Capital U.S. Scout Seed Fund 2013." While the documents do not specify how large the fund will be, we're told that Sequoia is targeting a relatively modest eight figures -- tens of millions of dollars, not hundreds of millions like its general VC funds.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/eEhCTMlFh9w/

weightless ellen degeneres jcpenney yeardley love nba all star reserves rock center christine christine