Some VCs that held onto stakes in startups after IPOs during the bull market, including Sequoia, Menlo, and Altos, have been left with losses as markets drop (Berber Jin/Wall Street Journal)

Some VCs that held onto stakes in startups after IPOs during the bull market, including Sequoia, Menlo, and Altos, have been left with losses as markets drop (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal:
Some VCs that held onto stakes in startups after IPOs during the bull market, including Sequoia, Menlo, and Altos, have been left with losses as markets drop  —  Startup investors that held off on exiting investments after their IPOs are left to rue the decision