Sequoia Capital has decided to shut down its D.C. office and eliminate its dedicated policy team by the end of March. This decision contrasts with Silicon Valley trends, where other firms are enhancing their policy engagement in light of the Trump administration. Sequoia's spokesperson indicated that, having built strong relationships in the past five years, the firm will manage these connections in the U.S. and Europe without a specialized team. The closure will impact several employees, marking a notable shift towards a more conventional venture capital approach.
Sequoia will shut down its D.C. office and part ways with its policy team by the end of March, highlighting a shift in its strategic approach.
The closure marks a significant departure from the trend of other VC firms boosting their policy roles and engagement in Washington under the Trump administration.
A spokesperson stated that Sequoia feels positioned to continue relationship building in the U.S. and Europe without a dedicated policy function.
Sequoia’s change signifies its return to a more traditional venture capital focus, contrasting with firms like Andreessen Horowitz who expand their political ties.
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