Sequoia Capital’s Botha steps down as top boss

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Roelof Botha will step down as the managing partner at Sequoia Capital after a little more than three years in the role, the storied Silicon Valley venture capital firm said on Tuesday.

Botha, who spearheaded Sequoia’s investments in Meta Platforms‘ Instagram, biotech firm 23andMe and software firm MongoDB, had joined the investment firm in 2003.

Investing veterans Alfred Lin and Pat Grady will become the company’s new stewards, according to a letter from Botha posted on X on Tuesday.

Botha will transition into a new role of advising the partnership and…



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Sequoia Capital’s Botha steps down as top boss



Roelof Botha will step down as the managing partner at Sequoia Capital after a little more than three years in the role, the storied Silicon Valley venture capital firm said on Tuesday.

Botha, who spearheaded Sequoia’s investments in Meta Platforms‘ Instagram, biotech firm 23andMe and software firm MongoDB, had joined the investment firm in 2003.

Investing veterans Alfred Lin and Pat Grady will become the company’s new stewards, according to a letter from Botha posted on X on Tuesday.

Botha will transition into a new role of advising the partnership and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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