Sequoia plans for more AI, less partisanship under Grady and Lin
BLOOMBERG
Sequoia Capital’s new co-stewards, Pat Grady and Alfred Lin, plan to deepen the venture capital firm’s focus on the artificial intelligence sector while working to reframe its image as less politically partisan following concerns among some partners about the leadership of Roelof Botha, according to people familiar with the matter.
On Tuesday, Sequoia surprised the VC world when it announced Botha would make way for new leaders, Lin, 53, and Grady, who turned 43 the same day. Lin and Grady have been the key investors behind many of Sequoia’s most lucrative bets in AI and elsewhere, including OpenAI, Airbnb Inc. and Snowflake Inc.
The decision was unanimous and made by partners including Botha and former stewards.
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