Sources: Lightspeed Venture Partners seeks to sell stakes in 10 startups, worth ~$1B, to a private equity-style continuation fund, to let investors cash out (Financial Times)

Financial Times:

Sources: Lightspeed Venture Partners seeks to sell stakes in 10 startups, worth ~$1B, to a private equity-style continuation fund, to let investors cash out  —  Venture capital firm plans to roll holdings into continuation fund as sector seeks ways to return cash to investors