{"id":983963,"date":"2026-01-08T07:38:29","date_gmt":"2026-01-08T02:08:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=983963"},"modified":"2026-01-08T07:48:10","modified_gmt":"2026-01-08T02:18:10","slug":"hsgs-continuation-fund-to-value-bytedance-at-up-to-370-billion-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/08\/hsgs-continuation-fund-to-value-bytedance-at-up-to-370-billion-report\/","title":{"rendered":"HSG&#8217;s continuation fund to value ByteDance at up to $370 billion: Report"},"content":{"rendered":"<p>Venture capital firm HSG, formerly Sequoia Capital China, \u2060is raising a continuation fund that will take over some of its ByteDance shares at a valuation of between $350 billion and $370 billion, two people with knowledge of the matter said. <\/p>\n<p>A continuation fund (CV) is a new vehicle floated by a private equity firm to transfer holdings of existing investments. The valuation \u200cis above the \u200clevel implied by recent share buybacks by TikTok owner ByteDance, but below that signalled by a November stake purchase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venture capital firm HSG, formerly Sequoia Capital China, \u2060is raising a continuation fund that will take over some of its ByteDance shares at a valuation of between $350 billion and $370 billion, two people with knowledge of the matter said. A continuation fund (CV) is a new vehicle floated by a private equity firm to transfer holdings of existing investments. The valuation \u200cis above the \u200clevel implied by recent share buybacks by TikTok owner ByteDance, but below that signalled by a November stake purchase.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-983963","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/983963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=983963"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/983963\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=983963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=983963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=983963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}