Ron Burgundy Posted December 13, 2016 Share Posted December 13, 2016 Michael Moritz - chairman of Sequoia Capital and one of the most successful venture capitalists in history - says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups. "That's a huge trend, enabled by smartphones." Led by Sequoia and another blue-chip Silicon Valley firm - Kleiner Perkins Caufield & Byers - venture investors have poured at least $9 billion into 125 on-demand delivery companies over the past decade, including $2.5 billion this year, according to a Reuters analysis of publicly available data. View the full article Quote Link to comment Share on other sites More sharing options...
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