Sequoia Capital Shuts Down D.C. Office, Disbands Policy Team Amid Changing VC Landscape
Sequoia Capital closes its D.C. office and disbands its policy team, shifting its approach to government relations.
Matilda
Sequoia Capital Shuts Down D.C. Office, Disbands Policy Team Amid Changing VC Landscape
Sequoia will shutter its Washington, D.C., office and part ways with the policy team there at the end of March. Image:Bloomberg / Contributor / Getty Images The news comes — and is somewhat in contrast — with the other prominent VC firms in Silicon Valley strengthening their ties with Capitol Hill and the new Trump administration. Andreessen Horowitz, for example, has been leaning into its policy team as several of its partners nab roles in the White House. It recently, for instance, hired former Republican congressman Patrick McHenry as an adviser. Sequoia opened its Washington office five years ago to support companies with regulatory issues and deepen its relationship with policymakers. In a statement, a Sequoia spokesperson said that thanks to the “strategic guidance and efforts” of the policy team on the matter of bolstering relationships and knowledge, “Sequoia is now well-positioned to carry these relationships in the U.S. and Europe forward.” “To that end, we are sunsetting the de…
