Globitair

Sequoia Capital Shutters London Office As Silicon Valley's VC Giants Pull Back

ZeroHedgeUnited Kingdom

Sequoia Capital Shutters London Office As Silicon Valley's VC Giants Pull Back In a troubling sign for European capital markets, Sequoia Capital, one of Silicon Valley's top venture capital firms, is shuttering its London-based office after roughly six years of operation."This is not about the team; they are excellent. We simply don't see the need for a local presence," Sequoia wrote in an X post.The venture capital firm said it has wound down its Arc accelerator and Scouts programs, simplified the Sequoia Capital Fund and combined its early-stage and growth investing operations

Read the full story at ZeroHedgeOpen in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about United Kingdom