Apparently the writing was on the wall.
Matt Miller, Associate at Sequoia Capital announcement On Wednesday, he left the group after 12 years of profession to create his personal firm targeted on European founders. He added that he would stay a enterprise companion of Sequoia and retain his board seats whereas fleshing out the “particulars of what comes subsequent.”
London-based enterprise capitalists like Saul Klein, Tom Hulme, Mattias Ljungman and Miller’s colleague Luciana Lixandru have praised Miller, who moved to the town in 2021 to guide Sequoia’s enlargement into Europe.
Nonetheless, few individuals could be shocked by Miller’s information — not after he fought earlier this yr with former colleague Michael Moritz, whom Miller reportedly unsuccessfully tried to oust from the board of administrators of fintech Klarna virtually instantly after him. join him. Sequoia shortly after apologized for supporting the transfer, changing Miller with one other Sequoia investor, Andrew Reed.
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