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Sequoia partner says there's too much venture capital and not enough companies to invest in: 'It's a return-free risk'

Sequoia
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Sequoia partner Roelof Botha said there's too much money flowing into the venture industry. Tasos Katopodis/Getty Images for Jacob HelbergRoelof Botha said there's too much venture capital and not enough profitable companies to invest in. He said the venture capital industry struggles to achieve expected returns.

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