Sequoia will definitely shutter its D.C. office along with part strategies with the plan group there on the finish of March, TechCrunch has truly verified.
The data comes– and is slightly on the opposite hand– with the assorted different well-known VC corporations in Silicon Valley reinforcing their connections with Capitol Hillside and the brand-new Trump administration. Andreessen Horowitz, as an illustration, has truly been leaning proper into its plan group as quite a few of its companions catch features within the White Residence. It these days, for example, hired former Republican congressman Patrick McHenry as a marketing consultant.
Sequoia opened its D.C. office 5 years in the past to maintain corporations with governing issues and strengthen its partnership with policymakers. In a declaration to TechCrunch, a Sequoia speaker said that many because of the “crucial help and initiatives,” of the plan group on the problem of strengthening partnerships and experience, “Sequoia is at the moment well-positioned to carry these partnerships within the united state and Europe forward.”
” Subsequently, we’re sunsetting the dedicated plan characteristic and shutting our D.C. office on the finish of March. We’re grateful to the group for his or her funds and impact,” the speaker said.
The modifications affect the plan others on the firm, along with 3 everlasting workers members, assets inform Fortune, which was preliminary to report this data.
Although Sequoia is often politically impartial, its companions have truly previously revealed political sights. Considerably, Shaun Maguire, a companion on the firm, is a forthright advocate of Head of state Trump and is supposedly aiding show prospects for DOGE.
