Sequoia closes London office
Sequoia Capital is reversing two decades of expansion by closing its London office and merging early-stage and growth teams. The firm eliminated the Monday partner meeting and reduced hierarchy.
- Field
- business and funding
- What they did
- The firm Sequoia Capital announced closing its London office, shutting down its Arc accelerator and Scouts program, and merging its early-stage and growth teams.
- Why it matters
- This is done to remove the hierarchy that developed over the last 20 years and return to a narrower focus on Silicon Valley.
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