Doug Leone, a partner at Sequoia Capital for over 30 years, has publicly renounced his support for President Donald Trump, according to Recode . The influential investor had donated approximately $700,000 to Trump’s reelection campaign, per the report, but says he no longer supports Trump in the wake of the insurrection at the U.S. Capitol. In a statement provided to Recode, Leone condemned...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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