Scooter sharing startup Bird said to be valued at $1b in Sequoia-led round

Bird, an electric scooter-sharing startup, is raising $150 million in a funding round led by Sequoia Capital that will value the company at $1 billion, people familiar with the matter said. This is the first batch of money in this new round, and the company plans to raise more, said one of the people, who asked to remain anonymous while discussing the private transaction.