The writing was on the wall, seemingly.
Sequoia Capital companion Matt Miller introduced on Wednesday that he’s leaving the powerhouse outfit after a 12-year profession to construct his personal new agency targeted on European founders. He added he’ll stay a enterprise companion with Sequoia and keep his board seats whereas fleshing out the “specifics of what’s to come back subsequent.”
London-based VCs like Saul Klein, Tom Hulme, Mattias Ljungman, and Miller’s colleague Luciana Lixandru congratulated Miller, who moved to the town in 2021 to steer Sequoia’s enlargement into Europe.
Still, few might be stunned by Miller’s information – not after he tussled firstly of the yr with former colleague Michael Moritz, who Miller reportedly tried and did not oust from the board of the fintech Klarna virtually instantly after himself becoming a member of it. Sequoia quickly after apologized for supporting the transfer, changing Miller with one other Sequoia investor, Andrew Reed.
