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Stock impact report

VC Firm Lightspeed Raises $4 Billion In Startup Landscape Shaken By COVID-19 [Forbes]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Forbes
The Lightspeed investment team conducts its global partner meeting over Zoom on April 6, 2020.Lightspeed Venture PartnersInvestor Bejul Somaia is used to flying from India to Silicon Valley on a monthly basis. He’ll typically stay a few days, catching up in-person with his U.S.-based colleagues at his venture capital firm, Lightspeed Venture Partners, or rubbing shoulders with another frequent visitor, China-based colleague James Mi. “I’m there because I want to be,” says Somaia. “I think it’s really essential, because otherwise you end up very siloed.”Today, Somaia gets that facetime the same way he shares it withForbesWith startups struggling to justify high valuations and others facing tough decisions to lay off or furlough employees, the tech investing ecosystem looks dramatically different in just a matter of weeks. For new fund managers, it’s a barren moment: according to an April report from PitchBook and the National Association, just nine new funds were raised in the first t Show less Read more
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