In Startup World, No Shock Over Yuri Milner Role in Paradise Papers

Venture-capital firms are famously secretive. They don’t disclose who their investors are, or the returns they earn. Top firms, including Sequoia Capital and Andreessen Horowitz, even refuse to take investments from public-pension funds that are required to publish performance data. In other words, VCs really don’t want to show their work. As a result, most …