Sources: Sequoia, which first invested in ByteDance in 2014 and holds a 10{9a01d93bf7b2c28a1b31ca31fecd25f15e15c35cfb9f5daef6a59cb9fcd1aa14}+ stake, has been pressing its White House contacts to help land a deal for TikTok (Wall Street Journal)

Wall Street Journal:

Sources: Sequoia, which first invested in ByteDance in 2014 and holds a 10{9a01d93bf7b2c28a1b31ca31fecd25f15e15c35cfb9f5daef6a59cb9fcd1aa14}+ stake, has been pressing its White House contacts to help land a deal for TikTok  —  TikTok’s parent has been looking for a way to keep the video-sharing service alive in U.S. after Trump administration declared the app a national security threat