Maple Grove Report

Maple Grove Report

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Amazon is set to release a refreshed Fire TV Stick HD on April 29 for $35. For the first time ever, a Fire TV Stick is ditching Micro-USB for a USB-C port. That change prompted Amazon to release a new USB-C Ethernet Adapter for $20, and buried in the product listing is something interesting.

It claims speeds of “up to 480 Mbps,” which means the adapter is technically Gigabit-capable. However, there is no Ethernet standard between 100 Mbps and Gigabit, so the only way to hit 480 Mbps is with a Gigabit adapter. But Amazon just isn’t advertising it that way.

Why can’t the new Fire TV Stick HD reach full Gigabit Ethernet speeds?

According to AFTV News, despite the USB-C upgrade, the new Fire TV Stick HD is believed to be running a USB 2.0 port underneath. USB 2.0 caps out at 480 Mbps, and with real-world overhead factored in, you are realistically looking at closer to 350 Mbps. So while the adapter is Gigabit-capable, the stick itself is the bottleneck.

Amazon has not published hardware specs for the new model yet, which is unusual and telling. The report also suggests that the hardware may be nearly identical to the six-year-old model it replaces.

Is the new Fire TV Stick HD still worth buying?

The new stick is Amazon’s slimmest streaming device yet, which no longer needs a wall plug, and it can draw power directly from your TV’s USB port. It also supports Wi-Fi 6 and Bluetooth 5.3.

However, the big sticking point is Vega OS, Amazon’s new Linux-based operating system that does not support sideloading apps. Still, the Gigabit-capable adapter could become far more useful if future Fire TV models like a new 4K Max arrive with proper USB 3.0 support. For now, you are getting half the potential.

It is worth noting that for most streaming needs, 350Mbps is more than enough. A 4K stream typically needs around 25Mbps. But if you’re running a Plex server or rely on fast local network transfers, you’ll feel the gap.



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The Silicon Valley institution has closed roughly $7 billion for its expansion strategy fund, nearly doubling its comparable 2022 vehicle. Alfred Lin and Pat Grady, who took over as co-stewards in November 2025, are making the raise their opening statement on the AI era.


Sequoia Capital has raised approximately $7 billion for a new fund, according to Bloomberg, in what will be the firm’s largest fundraise in this vehicle category and the first under a new leadership structure.

The money will go towards Sequoia’s “expansion strategy”, its late-stage investing arm focused on the US and Europe, nearly doubling the comparable $3.4 billion fund raised in 2022. 

The scale of the raise reflects the structural shift that AI has brought to late-stage venture investing. The largest AI companies, OpenAI and Anthropic among them, are raising at a pace and scale that has no precedent in venture capital history, driven by the capital intensity of training frontier models and building the compute infrastructure to run them.

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Sequoia has backed both companies: it was an early investor in OpenAI, and in January 2026 joined an Anthropic round led by GIC and Coatue, breaking from the VC convention against backing competitors in the same sector. 

Both companies are reportedly eyeing public listings in 2026, which would represent a significant liquidity event for Sequoia.

The new fund is the first fresh capital raise under Sequoia’s new co-stewards Alfred Lin and Pat Grady, who succeeded Roelof Botha as joint managing partners in November 2025 after Botha was removed in a surprise vote.

The leadership transition came during a period of significant internal turbulence, including the resignation in August 2025 of COO Sumaiya Balbale over the firm’s handling of posts by a senior partner, Matt Maguire, which drew criticism from founders and led more than 600 to sign an open letter asking Sequoia to adopt a zero-tolerance policy on hate speech.

Lin and Grady’s “stewards” title reflects a model established by Sequoia’s founder Don Valentine.

Beyond the foundational AI companies, Sequoia has placed bets on a range of AI-adjacent startups including Physical Intelligence, the San Francisco robotics company that raised $400 million in late 2024, and Factory, which builds AI agents for enterprise engineering workflows.

The firm’s US and European operations are now separate from Peak XV Partners, the India and Southeast Asia entity, and from HongShan, the formerly affiliated China-focused business, following a 2023 restructuring that completed in 2024. The $7 billion expansion strategy fund covers US and European investments only.

As of January 2025, Sequoia had approximately $56 billion in assets under management globally.



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