TechFinancial Times49m ago
How Sequoia's Alfred Lin and Pat Grady erased Roelof Botha's legacy
How Sequoia's Alfred Lin and Pat Grady erased Roelof Botha's legacy, halving GPs and unwinding his fund; sources say he joined SpaceX's board behind their backs
TL;DRSequoia shuttered offices and funds, sidelining partner Roelof Botha while he quietly joined SpaceX.
Why it matters: Shows internal power struggles at a top-tier VC firm reshaping its strategy and partner relationships.
Closures of London office and permanent capital fund mark latest efforts to streamline Silicon Valley VC firm
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