Sequoia Capital restructures its venture capital team, two partners in the cryptocurrency field will resign.
2023-07-20 01:24:30
Odaily News: Sequoia Capital has announced that its long-term partner, Michael Moritz, will be leaving the company to focus on Sequoia Heritage, their independent wealth management business. Additionally, another senior partner, Mike Vernal, along with Michelle Fradin, who led the investment in FTX, and partners Kais Khimji and Daniel Chen (who describes himself as a "crypto maxi" on his Twitter profile) will also be departing. A spokesperson for Sequoia Capital stated that Vernal will retain his seat on the board. (Bloomberg)
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