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BREAKING: Chairman @RepGallagher and Ranking Member @CongressmanRaja announce a bipartisan probe into @sequoia following its announcement to split from Sequoia Capital China.
“[S]plitting off its China business … is a step in the right direction. However… Sequoia Capital China’s significant U.S. dollar investments in PRC entities have included certain investments that contributed to the CCP's human rights abuses, the PRC's military modernization, and its overall efforts to undermine U.S. technological leadership.”
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“[S]plitting off its China business … is a step in the right direction. However… Sequoia Capital China’s significant U.S. dollar investments in PRC entities have included certain investments that contributed to the CCP's human rights abuses, the PRC's military modernization, and its overall efforts to undermine U.S. technological leadership.”
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“How has, or how would, Sequoia Capital respond if the U.S. government placed a company that Sequoia Capital or Sequoia Capital China invests in on a sanctions or trade restriction list, such as the @CommerceGov Entity List?” — ask @RepGallagher and @CongressmanRaja
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