Sequoia Capital Chief Roelof Botha Steps Down After Mounting Pressure
Alfred Lin and Pat Grady take over as co-stewards of Sequoia Capital after Roelof Botha’s departure amid internal conflicts and investor backlash at the $56 billion firm.
9 Articles
9 Articles
Sequoia Capital’s enduring strength tested by VC evolution
Sequoia Capital’s top partner, Roelof Botha, is stepping aside to make room for the next leadership class to run one of Silicon Valley’s most important venture firms. Founded in 1972 by investor Don Valentine, it was the first VC to invest in tech titans like Apple, Google, Yahoo, Nvidia, and many others.Sequoia has had its share of turmoil in recent years, as it grappled with geopolitics, as well as domestic and internal politics. In that conte…
Roelof Botha steps aside as Sequoia’s steward, passing the role to Alfred Lin and Pat Grady
After nearly a decade at the helm of Sequoia Capital, Roelof Botha will step aside as “steward” of the legendary Silicon Valley VC firm. Botha—PayPal’s defining early CFO, who’s now known for backing companies like YouTube, Instagram, and Block—said Tuesday that he will pass the baton to Pat Grady and Alfred Lin. “They have a fearlessness and resilience that’s necessary to win in this business,” Botha wrote in a letter that the firm post on X. …
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