Sequoia takes major haircut on 11-yr Hindusthan National Glass bet
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Sequoia takes major haircut on 11-yr Hindusthan National Glass bet

By Beena Parmar

  • 11 Mar 2021
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Sequoia takes major haircut on 11-yr Hindusthan National Glass bet
Credit: 123RF.com

Venture capital firm Sequoia Capital is sitting on losses from its almost 11-year bet on Hindusthan National Glass & Industries. Going by the price at which it made the latest partial exit, the VC firm has taken a haircut of 86% on its total known investment in the Kolkata-based glass container ......

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