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Sequoia Capital Finally Gets ‘Red-Pilled’ on Crypto Investing

Inside the venture giant’s embrace of all things blockchain.

Alfred Lin
Alfred Lin

Photographer: Steve Jennings/Getty Images

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When venture firm Sequoia Capital changed its Twitter bio this month to misspell the word “build,” include a blockchain reference and sign off “LFG” (crypto-speak for “Let’s go”), people thought it had been hacked.

In reality, the new bio, which stayed up for 16 hours, was a winking reference to a larger shift at the half-century-old firm: Sequoia is serious about crypto.