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Sequoia partners unwind Botha-era structure

Sequoia leaders Alfred Lin and Pat Grady have cut the venture firm's number of general partners and unwound a permanent-capital fund associated with former leader Roelof Botha, according to a Financial Times report carried by Techmeme. The restructuring also included closing Sequoia's London office as the firm seeks a leaner organisation.

Why it matters

The changes show how one of Silicon Valley's most influential investors is revising its global reach and internal model.

Sources

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