Sequoia Shakes Up VC Team, Sheds Two Crypto Investors
At least five partners at the Silicon Valley venture capital giant have departed in recent months.
Michael Moritz
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Sequoia Capital, one of the world’s most prominent venture capital firms, now looks very different than it did just a year ago – following a turbulent period of market upheaval, a breakup and at least five investor departures.
Longtime partner Michael Moritz is leaving the venture firm to focus on Sequoia Heritage, a wealth management business he helped start, Sequoia said Wednesday. Another senior partner, Mike Vernal, is also leaving, along with Michelle Fradin, one of the firm’s investors behind FTX, and partners Kais Khimji and Daniel Chen.