Startups and VCUpdated November 8

Sequoia closes its London office and permanent capital fund

Sequoia’s pullback has reached two different parts of the firm: it has closed its London office and its permanent capital fund. Reports describe the closures as the latest steps in streamlining the company. One is an office, the other a fund; together, they make the retreat concrete, beyond the broader shift toward a Bay Area-centered firm.

1 publisher1 report

Coverage started November 8