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Former Sequoia partner Matt Miller raises $355M for new fund — with Sequoia’s backing

Former Sequoia partner Matt Miller has already locked in $355 million for his new VC firm, Evantic, which is also backed by Sequoia, TechCrunch learned. Last December, Miller announced his departure from Sequoia after twelve years to “start [his] own fund focused on the great founders of Europe.” Despite the European focus, TechCrunch’s understanding is that Evantic will actually invest on both sides of the Atlantic, with a focus on B2B companies at the Series B and growth stages. However, its

Sequoia bets on silence

There is a time-honored crisis management strategy, wherein one says nothing and waits for the outrage to pass. For Sequoia Capital, the strategy worked pretty well this week. While partner Shaun Maguire initially weathered criticism over an inflammatory social media post, that initial indignation cooled quickly. Now, some seem to think that Maguire’s defiant stance may even be strengthening his position. Business Insider actually called it “good for deal flow” — controversy as competitive advan

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire's Mamdani comments

Almost 600 people have signed an open letter to leaders at venture firm Sequoia Capital after one of its partners, Shaun Maguire, posted what the group described as a "deliberate, inflammatory attack" against the Muslim Democratic mayoral candidate in New York City. Maguire, a vocal supporter of President Donald Trump, posted on X over the weekend that Zohran Mamdani, who won the Democratic primary last month, "comes from a culture that lies about everything" and is out to advance "his Islamist