Name: Sequoia Capital says it was hacked
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Sequoia Capital says it was hacked

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Illustration: Sarah Grillo/AxiosSequoia Capital told its investors on Friday that some of their personal and financial information may have been accessed by a third party, after a Sequoia employee's email was successfully phished, Axios has learned.Why it matters: Sequoia is one of the largest and most successful venture capital firms in the world, with portfolio companies like Airbnb, DoorDash, and Robinhood. It also has invested in cybersecurity firms like FireEye and Carbon Black. In a statement to Axios, a Sequoia spokesperson said:"We recently experienced a cybersecurity incident. Our security team responded promptly to investigate, and we contacted law enforcement and engaged leading outside cybersecurity experts to help remediate the issue and maintain the ongoing security of our systems. "We regret that this incident has occurred and have notified affected individuals. We have made considerable investments in security and will continue to do so as we work to address constantly evolving cyber threats."Venture capital firms, formed to invest in startups, are increasingly becoming sponsors of SPACs, blank-check companies that bring later-stage businesses into the public markets. It's significant strategy creep, but so far there hasn't been much opposition from venture capital fund investors, known as limited partners.Be smart: SPACs are similar to VC in spirit and skills, which is how firms are selling it to their own investors. Health: Why, at-home COVID tests — Cases — U.S. life expectancy .Vaccine: — Pfizer production.Politics: Cuomo .Education: Teachers .World: — Indonesia for those who refuse COVID vaccines.Former President Trump will speak at next week's Conservative Political Action Conference (CPAC) conference in Florida, his first public appearance since leaving office, a source with direct knowledge tells Axios.What we're hearing: Trump plans to directly attack President Biden's new immigration plan and will talk about the future of the Republican Party, a source familiar with his speech said.

Illustration: Sarah Grillo/AxiosSequoia Capital told its investors on Friday that some of their personal and financial information may have been accessed by a third party, after a Sequoia employee's email was successfully phished, Axios has learned.Why it matters: Sequoia is one of the largest and most successful venture capital firms in the world, with portfolio companies like Airbnb, DoorDash, and Robinhood. It also has invested in cybersecurity firms like FireEye and Carbon Black. In a statement to Axios, a Sequoia spokesperson said:"We recently experienced a cybersecurity incident. Our...

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Kia is a San Francisco-based technology and business reporter at Axios. She covers tech, Silicon Valley, and venture capital.

https://www.axios.com/authors/kiakokalitcheva

Kia Kokalitcheva

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Sequoia Capital says it was hacked

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