Sequoia China Rebranding Is High-Stakes Leadership Test
HongShan is shedding the Sequoia China name during a VC downturn and rising tensions between the US and China.
Neil Shen, founding partner of HongShan.
Photographer: Lam Yik/BloombergThis article is for subscribers only.
The venture capital giant formerly known as Sequoia China is slated to host a major gathering of investors this month. The annual meeting is a kind of coming out party for HongShan, which formally split with Sequoia in June, and has $56 billion under management.
But a dismal climate for startups and ratcheting geopolitical tensions mean that the stakes are unusually high as HongShan rolls out its new brand.