Now Sequoia warns of “crucible moment” for startups, advises them to focus on profitability

This will not be a “V-shaped” recovery, and today’s monetary and fiscal policy tools, according to Sequoia, will force cuts in its portfolio and measures to conserve cash.

More Money Coming Uber’s Way, Reportedly Planning Another $1B in Fundraise At A $70B Valuation

San Francisco based ride-hailing service Uber has been heavily invested in, since its…