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Startups better be thinking global from the get-go if they want in on Lightspeed's Fund VII. The $800M will have a heavily international focus, general partner Ravi Mhatre told AO. The fund, which brings Lightspeed's total committed capital to just over $2 billion, underscores VC firms' continuing efforts to establish footholds oversees. A bit portion will go to startups headquartered in China, India and Israel. Last week we spoke with Ravi about the kind of companies he and his partners are looking to invest in.