Sequoia will shutter its D.C. workplace in addition to half methods with the coverage staff there on the finish of March, TechCrunch has confirmed.
The information comes — and is considerably in distinction — with the opposite outstanding VC corporations in Silicon Valley strengthening their ties with Capitol Hill and the brand new Trump administration. Andreessen Horowitz, for instance, has been leaning into its coverage staff as a number of of its companions nab roles within the White House. It lately, for example, employed former Republican congressman Patrick McHenry as an advisor.
Sequoia opened its D.C. workplace 5 years in the past to assist corporations with regulatory points and deepen its relationship with policymakers. In an announcement to TechCrunch, a Sequoia spokesperson stated that due to the “strategic steerage and efforts,” of the coverage staff on the matter of bolstering relationships and information, “Sequoia is now well-positioned to hold these relationships within the U.S. and Europe ahead.”
“To that finish, we’re sunsetting the devoted coverage perform and shutting our D.C. workplace on the finish of March. We are grateful to the staff for his or her contributions and influence,” the spokesperson stated.
The adjustments influence the coverage fellows on the agency, in addition to three full-time workers, sources inform Fortune, which was first to report this information.
Though Sequoia is usually politically impartial, its companions have beforehand expressed political beliefs. Notably, Shaun Maguire, a associate on the agency, is an outspoken supporter of President Trump and is reportedly serving to display candidates for DOGE.
