Reported about 3 hours ago
Roelof Botha is stepping down as Senior Steward of Sequoia Capital after three years, with partners Alfred Lin and Pat Grady named as his successors. Lin, who joined Sequoia in 2010, has a track record of major investments, while Grady has been a partner for nearly 19 years, leading growth-stage investments. Botha's tenure featured significant challenges, including market downturns and controversies, but he emphasized the firm's commitment to diverse opinions and collaborative leadership. The transition aims to pave the way for a new chapter in Sequoia's legacy amid recent investment successes.
Source: YAHOO