Startup

No more ‘early & growth’ stage: Sequoia Capital restructures operations after raising $10 billion

Source: ET Startups ·

No more ‘early & growth’ stage: Sequoia Capital restructures operations after raising $10 billion

In a bold move, Sequoia Capital is undergoing a major restructuring by shutting down its London office and disbanding the Arc accelerator and Scouts programs. These changes come amid a leadership shift and a focus on selective investing. With approximately $10 billion raised in new funds, Sequoia is committed to backing European founders, albeit from its Bay Area hub.

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