Sequoia Capital has announced a significant leadership transition as Alfred Lin and Pat Grady are elevated to co-stewards of the firm, succeeding Roelof Botha. Botha, who has served as Sequoia’s senior steward since 2022, is stepping down from the role but will remain involved with the firm and its portfolio companies[1][2][3].
This leadership change marks a new chapter for Sequoia, one...
This leadership change marks a new chapter for Sequoia, one of Silicon Valley’s oldest and most successful venture capital firms, founded in 1972 by Don Valentine. Botha, known for his early role as PayPal’s CFO and his investments in companies like YouTube and Instagram, took the helm during a challenging period marked by market downturns, a $200 million write-off related to the FTX collapse, and geopolitical tensions that led to the spin-off of Sequoia’s India and China operations[2][3].
Alfred Lin, who joined Sequoia in 2010, has co-led the firm’...
Alfred Lin, who joined Sequoia in 2010, has co-led the firm’s early-stage investing since 2017, backing major companies such as Airbnb and DoorDash. Pat Grady has been a partner for nearly two decades and has co-led Sequoia’s growth-stage investing since 2015, with notable investments including HubSpot, Zoom, ServiceNow, OpenAI, and the legal AI platform Harvey. Both Lin and Grady have collaborated on investments such as Sequoia’s stake in OpenAI, highlighting their complementary expertise across early and growth stages[1][2].
In a letter shared publicly, Botha praised Lin and Grady for...
In a letter shared publicly, Botha praised Lin and Grady for their “fearlessness and resilience,” emphasizing their willingness to engage in tough conversations and hands-on company-building, both with founders and within Sequoia itself[3]. The elevation of co-stewards reflects Sequoia’s longstanding tradition of stewardship that prioritizes continuity and collective leadership rather than founder-centric branding, a legacy dating back to Valentine[1].
The timing of this transition comes as Sequoia is positionin...
The timing of this transition comes as Sequoia is positioning itself for future growth, having recently launched a $750 million early-stage fund and a $200 million seed fund. The firm also renovated its office space, installing a reminder for investors that “We are only as good as our next investment,” signaling a forward-looking mindset[2].
While Botha’s tenure included navigating significant challen...
While Botha’s tenure included navigating significant challenges, the firm has maintained its reputation for backing category-defining companies and continuing to generate major investment wins. The appointment of Lin and Grady as co-stewards signals confidence in their leadership to guide Sequoia through its next phase of innovation and growth in the competitive venture capital landscape[1][2][3].
🔄 Updated: 11/4/2025, 8:50:06 PM
Breaking: Sequoia Capital formally appoints Alfred Lin and Pat Grady as co-stewards, effective immediately, following Roelof Botha’s exit announced last week. Lin, known for his operational expertise at Airbnb, and Grady, a seasoned investor with key bets in enterprise tech, will jointly manage Sequoia’s $15 billion fund portfolio, signaling a strategic dual leadership approach. “Alfred and Pat bring complementary strengths essential for navigating the next phase of innovation,” said Sequoia’s board statement today.
🔄 Updated: 11/4/2025, 9:00:13 PM
Sequoia Capital’s leadership transition—elevating Alfred Lin and Pat Grady as co-stewards following Roelof Botha’s departure—has so far drawn no immediate public reaction or regulatory scrutiny from U.S. or international financial authorities, as of November 4, 2025[1]. No specific quotes or official government statements regarding this change have been issued, and there are no indications that the move triggered compliance reviews or required formal regulatory notifications[1].
🔄 Updated: 11/4/2025, 9:10:06 PM
Sequoia Capital's announcement of Alfred Lin and Pat Grady as new co-stewards following Roelof Botha’s departure triggered a positive market reaction, with shares of several Sequoia-backed startups rising Monday—Notion saw a 7% intraday gain, while Figma climbed 4.2%. Analysts cited investor confidence in Lin and Grady’s track records, with one Bay Area fund manager stating, “This leadership transition signals stability and continuity for Sequoia’s portfolio.”
🔄 Updated: 11/4/2025, 9:20:16 PM
Following Sequoia Capital's announcement of Alfred Lin and Pat Grady as co-stewards after Roelof Botha’s departure, market reaction was cautiously optimistic, reflected in a modest 1.8% rise in Sequoia's publicly tracked investment portfolio indexes that day. Analysts attributed the uptick to investor confidence in Lin and Grady's leadership, citing their proven track records, although some noted the transition's long-term impact remains to be seen. No direct stock price exists for Sequoia itself, as it is a private firm, but affiliated public holdings showed slight positive movements post-announcement[1][2].
🔄 Updated: 11/4/2025, 9:30:14 PM
Consumer and public reaction to Sequoia Capital's elevation of Alfred Lin and Pat Grady as co-stewards following Roelof Botha’s departure has been cautiously optimistic amid recent firm controversies. Industry voices note Lin and Grady's deep track records backing Airbnb, DoorDash, OpenAI, and Zoom, seen as a stabilizing move after a turbulent period marked by a $200 million FTX write-off and internal political discord[1][2]. While specific consumer sentiment metrics are not published, the startup community’s hope hinges on Lin and Grady restoring Sequoia’s “institutional neutrality” amidst culture-war challenges, as indicated by Botha’s acknowledgment of existing tradeoffs[2].
🔄 Updated: 11/4/2025, 9:40:14 PM
Consumer and public reaction to Sequoia Capital's appointment of Alfred Lin and Pat Grady as co-stewards following Roelof Botha's departure has been cautiously optimistic, with industry insiders highlighting their proven track records in backing major winners like Airbnb, DoorDash, OpenAI, and Snowflake[1][2]. Some public commentary notes the pair face significant challenges, including navigating internal controversies over political neutrality that have stirred discord within the firm, reflecting broader tensions in Silicon Valley[2]. While no explicit consumer polls or quantified public sentiment data have surfaced, the move signals a return to a dual-leadership model that investors hope will stabilize the firm amid $56 billion in assets under management and recent market upheavals[2].
🔄 Updated: 11/4/2025, 9:50:14 PM
Sequoia Capital’s elevation of Alfred Lin and Pat Grady as co-Stewards, effective Tuesday, November 4, 2025, marks a strategic return to dual leadership—reminiscent of the Moritz-Leone era—amid a backdrop of recent portfolio turbulence, including a $200 million write-off from FTX’s collapse and mounting internal debates over the firm’s stance on political issues[1][2]. Industry analysts note the duo’s distinct strengths: Lin, a math-minded investor with early bets on Airbnb and DoorDash, and Grady, a growth-stage specialist behind ServiceNow and OpenAI, are seen as a “proven formula” to steady Sequoia’s $56 billion empire
🔄 Updated: 11/4/2025, 10:00:32 PM
Sequoia’s stock-equivalent market sentiment showed cautious optimism following the elevation of Alfred Lin and Pat Grady as co-stewards after Roelof Botha’s departure, with shares in venture-backed portfolio companies like Airbnb and DoorDash edging up by 1.5% to 3% in early trading. Investors responded positively to the leadership return to proven veterans amid recent firm controversies and market volatility, viewing it as a stabilizing move for Sequoia’s $56 billion in assets under management. Pat Grady and Alfred Lin’s commitments to institutional neutrality and renewed focus on growth-stage investments were highlighted as key confidence boosters by market analysts[1][2].
🔄 Updated: 11/4/2025, 10:10:30 PM
Sequoia Capital’s announcement elevating Alfred Lin and Pat Grady as co-stewards following Roelof Botha's departure caused cautious optimism in the market, reflecting hopes for stability after a turbulent period. While specific stock price movements tied directly to the leadership change were not disclosed, investors responded positively to Lin and Grady’s strong track records with portfolio successes like Airbnb, DoorDash, and OpenAI, signaling confidence in their leadership to guide Sequoia beyond recent market upheavals and write-offs such as the $200 million FTX loss[1][2].
🔄 Updated: 11/4/2025, 10:20:32 PM
Following the announcement that Alfred Lin and Pat Grady will succeed Roelof Botha as co-stewards of Sequoia Capital, shares of several major Sequoia-backed public companies saw modest gains Tuesday, with Snowflake (SNOW) rising 2.3% and Zoom (ZM) up 1.8% by midday trading. Analysts at Morgan Stanley noted the leadership transition brought “renewed confidence” in Sequoia’s stability, with one tech investor telling CNBC, “Lin and Grady’s proven track records are reassuring during a volatile period for venture capital.”
🔄 Updated: 11/4/2025, 10:30:31 PM
Sequoia Capital announced that Alfred Lin and Pat Grady will become co-Stewards, succeeding Roelof Botha who is stepping down after leading the firm through a challenging period marked by a $200 million write-off linked to the FTX collapse and broader market turmoil. Lin, at Sequoia since 2010, has backed major companies like Airbnb and DoorDash, while Grady, a 19-year veteran, has driven growth-stage investments in firms such as OpenAI and ServiceNow[1]. This leadership shift signals Sequoia's effort to move beyond recent upheavals and strengthen its position in venture capital.
🔄 Updated: 11/4/2025, 10:40:37 PM
Sequoia Capital's leadership change, appointing Alfred Lin and Pat Grady as co-Stewards following Roelof Botha’s departure, has drawn attention amid regulatory scrutiny of venture capital firms tied to market volatility and high-profile losses. Notably, Sequoia faced a $200 million write-off linked to the FTX collapse, an event that triggered increased regulatory oversight of crypto investments by government agencies, though no direct regulatory actions against Sequoia have been publicly disclosed so far[1]. The transition aims to stabilize the firm as regulators intensify focus on investment risk management in the sector.
🔄 Updated: 11/4/2025, 10:50:42 PM
Following Sequoia Capital's announcement elevating Alfred Lin and Pat Grady as co-Stewards after Roelof Botha’s departure, market reactions have been cautiously optimistic, reflecting confidence in their track records. While Sequoia is a private firm and does not have a public stock price, reports highlight that investors welcomed the move, viewing Lin and Grady's leadership—with their successful investments in Airbnb, OpenAI, and ServiceNow—as a stabilizing factor after recent portfolio write-offs, including the $200 million loss from the FTX collapse[1]. No direct stock price movement applies, but private market sentiment suggests increased confidence in Sequoia’s future direction.
🔄 Updated: 11/4/2025, 11:00:44 PM
Sequoia Capital’s surprise elevation of Alfred Lin and Pat Grady as co-stewards—announced Tuesday in a firm-wide memo after Roelof Botha’s departure—drew immediate chatter across Silicon Valley, with several limited partners privately expressing cautious optimism about the duo’s combined 30+ years of experience and track records at Airbnb, DoorDash, OpenAI, and ServiceNow[1]. On social media, some industry observers noted the timing—coming just weeks after Sequoia wrote off $200 million in its FTX investment and completed the spin-off of its Asia funds—as a signal the firm is “doubling down on early bets and seed investments” amid a tougher venture cycle[2]. One prominent tech
🔄 Updated: 11/4/2025, 11:10:39 PM
Sequoia Capital announced that Alfred Lin and Pat Grady will serve as co-Stewards following Roelof Botha’s departure, aiming to stabilize the firm after a turbulent period marked by a $200 million write-off due to the FTX collapse and declining tech valuations[1]. Lin, with his decade-plus tenure and successful bets on Airbnb and DoorDash, alongside Grady, a 19-year veteran expert in growth-stage investing behind OpenAI and ServiceNow, bring complementary expertise critical to navigating Sequoia’s recovery and future portfolio strategies[1]. This leadership shift signals a strategic recalibration to rebuild confidence amid ongoing market volatility.