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The end of venture capital's disclosure fight

Jul 23, 2020 - Axios.com

The University of Texas' endowment recently made its first fund commitment to Sequoia Capital, which is among the top-performing venture capital firms of all time.

Why it matters: It is the final coda to venture capital's fight to prevent disclosure of its funds' performance, which raged in courtrooms and newspapers during the early aughts.

The backstory: VC fund returns once were held in strict confidence between general partners and limited partners. But then, beginning in 2002, ...