What The Change At Sequoia Could Mean For The VC Industry

Sequoia, one of the most illustrious venture capital firms, recently announced a momentous change to how they structure their fund(s) and their business. Some claim that “Sequoia Capital will no longer be a venture capital firm,” others claim that it is “blowing up the VC fund structure,” and of course no 21st-century reporting is complete without that tired but ubiquitous metaphor of the “game changer.” These effusive reports are right for the wrong reason. READ MORE