Sequoia will definitely shutter its Washington, D.C., office and element means with the plan group there on the finish of March, TechCrunch has truly validated.
The knowledge comes– and is quite on the opposite hand– with the varied different fashionable VC corporations in Silicon Valley enhancing their connections with Capitol Hillside and the brand-new Trump administration. Andreessen Horowitz, for example, has truly been leaning proper into its plan group as quite a few of its companions seize capabilities within the White Dwelling. It only in the near past, for example, hired former Republican congressman Patrick McHenry as a guide.
Sequoia opened its Washington office 5 years in the past to maintain enterprise with governing issues and develop its partnership with policymakers. In a declaration to TechCrunch, a Sequoia consultant claimed that many due to the “tactical recommendation and initiatives” of the plan group on the difficulty of strengthening partnerships and experience, “Sequoia is at present well-positioned to lug these partnerships within the united state and Europe onward.”
” Due to this fact, we’re sunsetting the devoted plan function and shutting our D.C. office on the finish of March. We’re completely satisfied to the group for his or her funds and affect,” the consultant claimed.
The changes have an effect on the plan others on the firm, along with 3 full time workers members, sources inform Fortune, which was very first to report this data.
Although Sequoia is usually politically impartial, its companions have truly previously shared political sights. Considerably, Shaun Maguire, a companion on the firm, is a forthright fan of Head of state Trump and is supposedly helping show prospects for DOGE.
