Sara Adler, who led Airbnb’s corporate development arm under former CFO Laurence Tosi, quietly left the company last month to help run a new venture capital firm called Wave Capital with another former Airbnb employee, Riley Newman, Bloomberg reports. One of the firm’s first startup was founded by another recently departed Airbnb employee, Dan Hill. As we’ve written, Airbnb has seen high...
More Long-Time Employees Leave Airbnb. Can They Create Their Own Startup ‘Mafia’?
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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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