Sequoia capital’s roelof botha was ousted by top lieutenants who lost confidence in his ability to keep. Botha ends tumultuous tenure as sequoia’s leader roelof botha, who has led the firm since july 2022, says he has stepped down and that partners alfred lin and pat grady are sequoia’s new stewards. Sequoia capital managing partner roelof botha steps aside, naming alfred lin and pat grady as new leaders amid the firm’s cultural and leadership reset.
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The financial times spoke to 10 people close to the firm, including investors who have worked with botha and the institutions that bankroll sequoia, known as limited partners
His ousting was motivated by a belief that a new generation of leaders would better serve sequoia’s lps, they said.
After nearly a decade at the helm of sequoia capital, roelof botha will step aside as steward of the legendary silicon valley vc firm.