Jump to content

Talk:Sequoia Capital

Page contents not supported in other languages.
From Wikipedia, the free encyclopedia

History section request[edit]

Hello Wikipedia editors. I work with Sequoia Capital and am hoping to work with all of you to update the information in the article. I should say, I think most of the content here is really good, but some of the specific numbers are out-of-date and other passages feel like they could be further developed. Because I have a COI, I will refrain from making any edits myself and will post all my requests here on the Talk page so editors can review them and make sure they align with Wikipedia guidelines. I am new to this site, so I am very open to any suggestions you may have about how to succeed here.

To begin with, I'd like to address the History section, which is very short right now and does not present a full picture of Sequoia's development over the last five decades. I have put together a revised section that splits History into several subsections and provides additional details about each period.

History draft

History[edit]

Early history and investments[edit]

Sequoia was founded by Don Valentine in 1972 in Menlo Park, California,[1][2] at a time when the state’s venture capital industry was just beginning to develop.[3][4] Valentine named the firm after the redwood trees that grow in Northern California and are known for their strength and longevity.[5][6]

Sequoia formed its first venture capital fund in 1974,[3][7] and was an early investor in Atari the next year.[5][8][9] In 1978, Sequoia became one of the first investors in Apple.[8][6][10]

In the 1980s, Electronic Arts and Sierra Semiconductor both incubated in the Sequoia offices.[10][11] Sequoia was an early investor in Oracle in 1983, six years after the company was founded, and also invested in Cisco in 1987.[12][13][5]

Partners Doug Leone and Michael Moritz assumed leadership of the firm in 1996.[5][14]

Global expansion[edit]

In 1999, Sequoia established a dedicated investment fund for Israeli startups,[15] and the firm expanded its operations further into global markets in the early 2000s.[3] In 2005, Sequoia Capital China was established.[16] In 2006, Sequoia Capital expanded to India with the acquisition of Westbridge Capital Partners, an Indian venture capital firm.[17] This acquisition eventually became Sequoia Capital India.[17] Notable investments have included CloudShare and Snaptu in Israel,[3][18] Alibaba and Meituan in China,[3][19][20] and Byju and Ola in India.[3][21][22]

2010s[edit]

In 2012, Moritz took a step back from the day-to-day operations of the firm after being diagnosed with an unspecified illness.[23] Leone became Global Managing Partner.[24][25] Jim Goetz led Sequoia’s US business from 2012 until 2017, when he was succeeded by Roelof Botha.[26] Botha has led Sequoia’s investments in YouTube, Square, 23andMe, and Unity Technologies, among others.[27][28][29]

In 2015, Michael Moritz was questioned about Sequoia's lack of any women investing partners. Moritz argued that there were few qualified female candidates, because American women "tend to elect not to study the sciences when they’re 11 or 12", and said that Sequoia would not "lower our standards" to hire women.[30]

In 2016, Sequoia hired Jess Lee, making her the first female investing partner in the United States in the firm's 44-year history.[31][32]

Notable investments in the late 2010s included Figma,[33] UiPath,[34] and Zoom.[35] In 2019, Sequoia made more new seed-stage investments than Series A deals.[36]

2020 to present[edit]

In March 2020, Sequoia announced it would hire Luciana Lixandru as its first partner based in Europe.[37][38]

On March 5, 2020, Sequoia Capital sent a notice to its portfolio companies warning that the global economy could be restrained by the coronavirus, and urging these companies to “question every assumption about your business."[39]Cite error: A <ref> tag is missing the closing </ref> (see the help page). The memo echoed a presentation called "R.I.P. Good Times" that was prepared by the firm in 2008 and detailed how to survive the economic downturn.[40][41] In March 2021, Sequoia sent a follow-up memo to founders called “COVID Accelerated the Future: Now Seize It”, instructing them to prepare for a window of opportunity as the world begins to reopen after the COVID-19 pandemic.[42]

In July 2021, Sequoia published a piece about "the Latin American startup opportunity" that signaled it would increase its focus there.[43][44] The firm previously invested in regional unicorns Nubank and Rappi.[45]

In October 2021, Sequoia announced The Sequoia Fund, a new fund structure for its U.S. and European business.[46][47] The Sequoia Fund is an open-ended capital vehicle for all future Sequoia sub-funds.[46][47] This new structure enables Sequoia to remain involved with and invested in companies after their public market debuts.[48][49][50] Sequoia also announced it was registering as an investment advisor, providing flexibility for the firm to invest in more crypto assets and secondary stock.[47][51] A quarter of Sequoia’s new investments in 2021 were crypto-related.[52]

Also in October 2021, Sequoia Capital China participated in a US$65 million funding round in Animoca.[53] In November 2021, The Wall Street Journal reported that Sequoia Capital’s China unit is a major investor in Chinese semiconductor firms, raising U.S. national security concerns.[54]

References

  1. ^ McBride, Sarah (February 20, 2014). "With WhatsApp deal, Sequoia Capital burnishes reputation". Reuters. Retrieved June 28, 2021.
  2. ^ Larreur, Charles-Henri (2021). Structured Finance: Leveraged Buyouts, Project Finance, Asset Finance and Securitization (1st ed.). US: Wiley. p. 81. ISBN 1119371104. Retrieved June 28, 2021. Don Valentine created Sequoia Capital in 1972 in Menlo Park, California.
  3. ^ a b c d e f Da Rin, Marco; Hellman, Thomas (2020). Fundamentals of Entrepreneurial Finance (1st ed.). Oxford University Press. p. 485. ISBN 0199744750. Retrieved June 28, 2021.
  4. ^ Ferrary, Michel; Granovetter, Mark (May 20, 2009). "The role of venture capital firms in Silicon Valley's complex innovation network". Economy and Society: 326–359. doi:10.1080/03085140902786827. The most prominent VC firms were created in the 1970s. In 1969, the Mayfield Fund was founded; Sequoia Capital and Kleiner, Perkins, Caufield & Byers followed in 1972. By 1975, more than thirty VC firms were located in the Bay Area.
  5. ^ a b c d Griffith, Erin (October 25, 2019). "Don Valentine, Founder of Sequoia Capital, Is Dead at 87". The New York Times. Retrieved June 27, 2021.
  6. ^ a b Stellabotte, Ryan (October 30, 2019). "Fordham Mourns the Death of Don Valentine, Silicon Valley and Venture Capital Pioneer". Fordham News. Fordham University. Retrieved June 27, 2021.
  7. ^ Loizos, Connie (October 25, 2019). "Don Valentine, who founded Sequoia Capital, has died at age 87". TechCrunch. Retrieved June 27, 2021.
  8. ^ a b Guthrie, Julian (December 7, 2011). "'Something Ventured' tells story of tech investors". San Francisco Chronicle. Hearst. Retrieved June 30, 2021.
  9. ^ Nicholas, Tom (2019). VC: An American History. US: Harvard University Press. p. 228. ISBN 0674988000. Retrieved June 30, 2021.
  10. ^ a b Henbroth, Megan (October 26, 2019). "Sequoia Capital founder Don Valentine has died at age 87". Business Insider. Insider Inc. Retrieved June 30, 2021.
  11. ^ Berlin, Leslie (2017). Troublemakers: Silicon Valley's Coming of Age. US: Simon & Schuster. p. 346. ISBN 1451651503. Retrieved July 1, 2021.
  12. ^ Nicholas, Tom (2019). "Silicon Valley and the Emergence of Investment Styles". VC: An American History. US: Harvard University Press. ISBN 0674988000.
  13. ^ Winkler, Rolfe (October 27, 2019). "Venture Capital Pioneer Kept Entrepreneurs' Egos in Check". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved June 27, 2021.
  14. ^ Marinova, Polina (October 25, 2021). "Silicon Valley Remembers Sequoia Capital Founder Don Valentine". Fortune. Retrieved June 28, 2021.
  15. ^ "Cisco, Sequoia Capital set up Israeli venture fund". National Post. Financial Post DataGroup. June 28, 1999 – via LexisNexis.
  16. ^ Yang, Jing; Yu, Xie (September 10, 2020). "Successful With Chinese Startups, Sequoia China Launches a Hedge Fund". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved June 28, 2021.
  17. ^ a b Chanchani, Madhav (June 25, 2009). "Sequoia Capital exits Firstsource Solutions, Royal Orchid". Reuters. Retrieved June 27, 2021.
  18. ^ Kelly, Meghan (August 23, 2012). "Mazel tov, Israeli startups, Sequoia Capital raised $200M to fund you". Reuters. Retrieved July 1, 2021.
  19. ^ Wu1, Kane; Zhu, Julie (September 21, 2020). "Sequoia Capital China raising $2.2 billion in new yuan fund, say sources". Reuters. Retrieved July 1, 2021.{{cite news}}: CS1 maint: numeric names: authors list (link)
  20. ^ Steinberg, Julie (September 27, 2018). "Investors Gain Billions From Chinese Tech IPO". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved June 28, 2021.
  21. ^ Singh, Shipra (August 27, 2020). "With Byju's, OYO, Ola in its Kitty, Sequoia is the Top Investor in India". Entrepreneur India. Retrieved July 1, 2021.
  22. ^ Abrar, Peerzada (March 19, 2021). "Current moment in road to recovery: VC firm Sequoia tells founders and CEOs". Business Standard. Retrieved June 28, 2021.
  23. ^ Cutler, Kim-Mai (May 21, 2021). "Venture Capitalist Michael Moritz Says He's Stepping Back From Sequoia Because Of Illness". TechCrunch. Retrieved June 28, 2021.
  24. ^ Garland, Russ (December 10, 2012). "Sequoia's Leone: In Venture, Big is the Enemy of Great". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved August 3, 2021. Leone, who has been managing Sequoia since Michael Moritz stepped back because of illness in May, skewered VCs who act like private-equity managers with corner offices and pride in their assets under management and investment "platforms."
  25. ^ Anders, George; Konrad, Alex (April 23, 2014). "Sequoia Capital: Creating Disruptions, and Billionaires". Forbes India. Retrieved August 3, 2021. Even in his perch as a managing partner at venture firm Sequoia Capital, Leone still carries himself like a hard-luck striver, scrambling for his first decent break.
  26. ^ Primack, Dan (January 31, 2017). "Sequoia Capital shakes up leadership". Axios. Retrieved June 28, 2021.
  27. ^ de la Merced, Michael J. (January 31, 2017). "Sequoia Capital Reshuffles Leadership". The New York Times. Retrieved July 1, 2021.
  28. ^ Burns, Matt (April 14, 2014). "Top Sequoia Capital Partner Roelof Botha To Take The Stage At Disrupt NY 2014". TechCrunch. Retrieved July 1, 2021.
  29. ^ Crook, Jordan (April 29, 2020). "Extra Crunch Live". TechCrunch. Retrieved August 10, 2021.
  30. ^ Kulwin, Noah (December 3, 2015). "Venerated VC Michael Moritz Opens Mouth, Inserts Foot on Question About Hiring Women". Recode.
  31. ^ Del Rey, Jason (October 20, 2016). "Sequoia Capital has hired Polyvore's Jess Lee as its first woman investment partner". Recode.
  32. ^ Benner, Katie (October 20, 2016). "Sequoia Capital Hires First Female Investment Partner in U.S." The New York Times. Retrieved August 2, 2021.
  33. ^ Chapman, Lizette (June 24, 2021). "Software Design Startup Figma Is Now Worth $10 Billion". Bloomberg. Retrieved October 11, 2021. 'The potential of this company is genuinely enormous,' said Andrew Reed, a partner at Sequoia Capital who first invested in the company in 2019 and participated in the most recent funding round.
  34. ^ Sawers, Paul (September 18, 2018). "Automation software platform UiPath raises $225 million from CapitalG, Sequoia, and Accel at $3 billion valuation". VentureBeat. Retrieved October 11, 2021.
  35. ^ Miller, Ron (January 17, 2017). "Zoom video conferencing service raises $100 million from Sequoia on billion-dollar valuation". TechCrunch. Retrieved November 8, 2021.
  36. ^ Shen, Lucinda (February 25, 2021). "Sequoia Capital raises $195 million for its newest seed fund". Fortune. Retrieved October 11, 2021. In 2019 and 2020, Sequoia made more investments in the companies at that stage than in Series A investments.
  37. ^ Boland, Hannah (March 10, 2020). "Silicon Valley's Sequoia poaches Accel partner for London office". The Telegraph. Retrieved July 2, 2021.
  38. ^ Boland, Hannah (2020-08-06). "Silicon Valley's Sequoia searching for West End office". The Telegraph. ISSN 0307-1235. Retrieved 2020-11-18.
  39. ^ Novet, Jordan (2020-03-05). "Venture firm Sequoia is sounding the alarm about the economy again as coronavirus spreads". CNBC. Retrieved 2020-03-07.
  40. ^ "R.I.P. Good Times". Sequoia Capital. Retrieved 2020-03-07.
  41. ^ "Sequoia Capital's 56 Slide Presentation Of Doom". TechCrunch. Retrieved 2020-03-07.
  42. ^ Shen, Lucinda (March 19, 2021). "The careful distinction Sequoia Capital makes in its Black Swan follow-up". Fortune. Retrieved June 28, 2021.
  43. ^ Heim, Anna; Wilhelm, Alex (July 29, 2021). "Why Latin American venture capital is breaking records this year". TechCrunch. Retrieved September 1, 2021.
  44. ^ Sangion, Ricardo (August 30, 2021). "Foreign investors have a bigger role to play in growing Latin America's startup ecosystem". TechCrunch. Retrieved September 1, 2021.
  45. ^ Fleischmann, Isabela (July 20, 2021). "Sequoia leads $1 million Seed extension in Argentina's Pomelo". LABS. Retrieved September 1, 2021.
  46. ^ a b Primack, Dan (October 26, 2021). "Scoop: Sequoia Capital just blew up the VC fund model". Axios. Retrieved November 8, 2021.
  47. ^ a b c Levy, Ari (October 26, 2021). "Iconic VC firm Sequoia is breaking from the venture capital model to hold public stocks longer". CNBC. Retrieved November 8, 2021.
  48. ^ Matney, Lucas (October 26, 2021). "Sequoia dramatically revamps its fund structure as it looks to rethink venture capital model". TechCrunch. Retrieved November 8, 2021. Gone are the 10-year return cycles, which often pushed investors to liquidate holdings in public companies based on set timelines rather than determinations of when investments had fully matured. Sequoia says that investments will no longer have 'expiration dates;' instead, Sequoia will recycle returns from startup bets back into its central fund which it will redeploy into future investments — what the firm calls a 'continuous feedback loop.'
  49. ^ Schubarth, Cromwell (October 29, 2021). "Sequoia Capital just flipped the script on VC funds. Here's why and why it matters". Silicon Valley Business Journal. American City Business Journals. Retrieved November 8, 2021. By getting away with from the standard 10-year structure, Sequoia will have more leeway to not only invest before those kinds of funds but also to stay in the game long after they arrive.
  50. ^ Thompson, Ben (October 27, 2021). "Sequoia Productive Capital". Stratechery. Retrieved November 9, 2021. Instead of LP's investing in funds that make speculative investments in risky endeavors, Sequoia wants to keep long-term positions in companies that have proven business models and are embarking on the decade (or longer) process of improving their products and expanding their markets to the entire world.
  51. ^ Jin, Berber (October 26, 2021). "Sequoia Overhauls Fund Structure to Hold Public Stocks". The Information. Retrieved August 6, 2021.
  52. ^ Clark, Kate (October 22, 2021). "No Longer Just Crypto Curious, Sand Hill Road Investors Get Blockchain Fever". Retrieved November 6, 2021.
  53. ^ https://www.bloomberg.com/news/articles/2021-10-20/ubisoft-sequoia-china-help-nft-creator-hit-2-billion-valuation. Retrieved October 21, 2021.
  54. ^ O’Keeffe, Kate; Somerville, Heather; Jie, Yang (2021-11-12). "U.S. Companies Aid China's Bid for Chip Dominance Despite Security Concerns". The Wall Street Journal. ISSN 0099-9660. Retrieved 2021-11-12.

To recap my last request: I have a financial conflict of interest as I am an employee of Sequoia. Please note that I have retained the first two sentences about Michael Moritz addressing Sequoia's lack of women investing partners, and the sentences about China that were recently added, though I have edited the latter to correct that the entity that made those investments is Sequoia Capital's China unit.

Again, I am hoping editors can review my draft above and implement it if they feel it's an improvement. Please let me know how I can assist. VS for Sequoia Capital (talk) 23:34, 21 December 2021 (UTC)[reply]

Sorry, it is better but still not suitable. Overly detailed and again a long list of investments. My verdict is again NO. The Banner talk 00:21, 22 December 2021 (UTC)[reply]
Thank you for your prompt response. I’m happy to work on another revised draft, though if you could provide more specific feedback about which details you think need to be trimmed, that would help ensure I'm on the right track. As a venture capital firm, investments are an important part of Sequoia’s history. It would be difficult to discuss nearly fifty years of operations without mentioning them. In the latest revision, I removed references to companies that don't have their own Wikipedia articles. The companies that remain (Apple, Alibaba, Oracle, Zoom, etc.) seem very notable, and many are already identified as Sequoia investments in the current article. VS for Sequoia Capital (talk) 20:01, 23 December 2021 (UTC)[reply]
Why don't you try to halve your proposed text. This is an encyclopedia, full of dry, sourced information. The Banner talk 20:54, 23 December 2021 (UTC)[reply]
Thank you again for your feedback, User:The Banner. Below I've posted another edited version that pares back the investment details. Please do note that I have provided citations from reliable outlets for each and every claim, as I'm also aiming for dry and sourced information! VS for Sequoia Capital (talk) 22:34, 7 January 2022 (UTC)[reply]

Version 3[edit]

This is another updated request for the History section based on additional feedback from The Banner. I have pared back investment details considerably. If you look in my user space (where I've posted my ideas for the whole article), you'll see that information about investments is now contained in the Investments section. For now, though, I'd just like to focus on the History section.

History draft v3

Notable investments request[edit]

Hello again Wikipedia editors. I have a new request for a Notable investments subsection to replace (and rename) the current Recent investments one. I appreciate editors wanting to note some of the firm’s investments, which is likely why the Recent investments was added, however the existing list is inaccurate as is. For instance, several of the investments are not Sequoia Capital investments, but investments by the separate entities Sequoia Capital India or Sequoia Capital China, so it is confusing at best and misleading to list them all together as Sequoia Capital investments. I’ve put together an accurate list of the firm’s notable investments that editors can use to update the section. Any of the investments I’ve listed below would be appropriate to include, I suggested about 20 but editors can include as many as they feel is appropriate. For ease of reference, I’ve organized them by decade and I’ve included citations to reliable sources.

Notable investments draft


References

  1. ^ "Sequoia Capital Portfolio and Top Investments in 2021". Eqvista. 2021-09-17. Retrieved 2022-02-13.
  2. ^ Chopping, Dominic (January 11, 2022). "Ride-Hailing and Delivery Start-Up Bolt Raises $711 Mln in Latest Funding Round". MarketWatch. Retrieved February 23, 2021.
  3. ^ a b Kruppa, Miles (July 20, 2021). "Crypto exchange FTX secures backing from venture capital and hedge funds". Financial Times. Cite error: The named reference "Kruppa" was defined multiple times with different content (see the help page).
  4. ^ Shubarth, Cromwell (September 6, 2017). "23andMe seen raising $200M from Sequoia, others, rather than IPO". Silicon Valley Business Journal. American City Business Journals. Retrieved February 17, 2022.
  5. ^ Carson, Biz (March 1, 2017). "Instacart is raising $400 million to deliver you groceries — as other on-demand startups die around it". Insider. Retrieved February 17, 2022.
  6. ^ Schonfeld, Erick (December 10, 2011). "Michael Moritz on Klarna's $155M Round: "This Is The Public Financing Of Twelve Years Ago"". TechCrunch. Retrieved February 17, 2022.
  7. ^ Lunden, Ingrid (September 25, 2014). "Finance Startup Nubank Nabs $14.3M In Sequoia's First Brazil Investment". TechCrunch. Retrieved February 23, 2022.
  8. ^ Shubarth, Cromwell (September 17, 2020). "Snowflake backers in line to make billons after soaring IPO". Silicon Valley Business Journal. American City Business Journals. Retrieved February 17, 2022.
  9. ^ a b c d e f Winkler, Rolfe (October 27, 2019). "Venture Capital Pioneer Kept Entrepreneurs' Egos in Check". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved August 9, 2021. His hobby became Sequoia Capital, which over the following five decades has built an unrivaled record of venture capital investing, betting early on Atari and Apple Inc. in the 1970s, Cisco Systems Inc. and Oracle Corp. in the 1980s, Yahoo! and Google in the 1990s, Airbnb Inc. and LinkedIn Corp. in the 2000s, and Stripe Inc., Square Inc. and WhatsApp this decade.
  10. ^ Lunden, Ingrid (April 30, 2019). "UiPath nabs $568M at a $7B valuation to bring robotic process automation to the front office". TechCrunch. Retrieved February 23, 2022.
  11. ^ Shubarth, Cromwell (February 1, 2017). "No. 1 Midas investor Jim Goetz steps aside at Sequoia". Silicon Valley Business Journal. American City Business Journals. Retrieved February 17, 2022. Sequoia had about a 22 percent stake in Palo Alto Networks when it went public with a market cap of about $3 billion.The Santa Clara firewall security company (NYSE:PANW) is valued at about $13.5 billion today.
  12. ^ "Service-now.com Gets $41M Infusion; CEO, CFO Take $37M Off Table". Tech Crunch. December 8, 2009. Retrieved February 17, 2022.
  13. ^ Crichton, Danny (August 24, 2020). "Sequoia strikes gold with Unity's IPO filing". Tech Crunch. Retrieved February 17, 2022.
  14. ^ Taylor, James (March 9, 2007). "Sequoia makes 44 times return on YouTube". Infrastructure Advisor. PEI Media. Retrieved February 17, 2022.

As with my previous request, I am hoping editors can review what I've put together above and implement if they feel it's an improvement. I am happy to answer any questions about content and sources. VS for Sequoia Capital (talk) 21:21, 1 March 2022 (UTC)[reply]

Stripe is a link to a disambiguation page. The Banner talk 21:42, 1 March 2022 (UTC)[reply]
Apologies, fixed that link. VS for Sequoia Capital (talk) 22:16, 1 March 2022 (UTC)[reply]
Hello again, The Banner. Checking to see if you'd had a chance to look closer at this since I corrected the Stripe link. As I posted on your Talk page, my intention here was to include a list of accurate investments (given the current list features some inaccuracies). I would also appreciate any feedback from Quetstar, Txguy, or other editors watching this page. VS for Sequoia Capital (talk) 04:18, 15 March 2022 (UTC)[reply]
I'm currently working through the edit request backlog and can take a look at this this week, unless any of the above-mentioned users feel particularly eager to handle it. Given the evidently adequate sourcing, I have no initial objections. I'll need to do additional research to verify that there are not notable investments that have not been left out (e.g., investments that attracted highly negative coverage) as a matter of due diligence. WhinyTheYounger (WtY)(talk, contribs) 03:52, 22 March 2022 (UTC)[reply]
Really appreciate you reviewing this list, WhinyTheYounger. If you have a chance, could you also take a look at my request above (about changing “Sequoia Fund” to “Sequoia Capital Fund”)? VS for Sequoia Capital (talk) 17:10, 22 March 2022 (UTC)[reply]
 Done The proposed edits seem reasonable to me, and I will implement them. Thank you for your patience; I understand that sometimes it feels like a trap when it comes to COI editing — you can't do it yourself, but you have to wait months to have someone maybe do it for you, often with sometimes... curt details of their reasoning. (In fairness, though, this is volunteer work, and most of us have interests in areas and topics that are not assisting in corporate PR, no offense, and filling these requests often involves dealing with people who are much less willing to adapt to our norms and mechanics.) Anyways — the investments section proposal is fine. Also, I'm implementing the WSJ/Sequoia Capital Fund naming fix you requested in the above section. WhinyTheYounger (WtY)(talk, contribs) 18:45, 26 March 2022 (UTC)[reply]
Thank you so much for your assistance here, WhinyTheYounger. Very much appreciated. I should say that I have been thankful for all the feedback I've received here from editors over the past few months, and I'm glad we've been able to work together to improve article content and sourcing. VS for Sequoia Capital (talk) 00:27, 29 March 2022 (UTC)[reply]

Introduction request[edit]

Hello Wikipedia editors. I am back with a new request for a revised Introduction section. My understanding is that the Introduction is supposed to summarize the main content from the article, so that's what I've tried to do here:

Introduction draft

Sequoia Capital is a venture capital firm headquartered in Menlo Park, California. Sequoia specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. Notable companies that Sequoia has invested in include 23andme, Airbnb, Apple, Cisco, Google, Instagram, LinkedIn, Stripe, WhatsApp, and YouTube. The firm has distinguished itself from other top venture capital firms through successful early bets in large tech companies. Sequoia has been structured to encompass three different venture entities: one focused on the U.S. and Europe, another on India and Southeast Asia, and a third on China.

References

This version lists the same number of notable investments as the current intro, but I've only included companies that are mentioned in the body of the article. As with my previous request, I am hoping editors can review what I've put together above and implement if they feel it's an improvement. VS for Sequoia Capital (talk) 20:57, 1 April 2022 (UTC)[reply]

I'm hoping that editors who have previously been active on this page can prioritize a review of this request, as it corrects a rather glaring inaccuracy in the current text (i.e. referring to different global "offices" of Sequoia Capital when some of the identified locations are actually different entities). I am again tagging WhinyTheYounger, The Banner, Quetstar, and CityPride for assistance here. Please let me know if you have any questions. VS for Sequoia Capital (talk) 05:26, 18 May 2022 (UTC)[reply]
Summerized: no. This looks like corporate spam. The Banner talk 08:43, 18 May 2022 (UTC)[reply]
 Not done: Denied per The Banner. Quetstar (talk) 10:30, 18 May 2022 (UTC)[reply]
Adding a note for context (six weeks later, but oh, well) as to why I also would've been hesitant to implement this request. "The firm has distinguished itself from other top venture capital firms through successful early bets in large tech companies" is the sentence that I imagine triggered the Spidey-senses of Quetstar and The Banner. It is not directly attested in the body, as far as I can tell, though I suspect it is probably true. If you can find an article (or two or more, preferably) attesting to Sequoia's comparative success relative to peer firms in early-stage tech investments, writing a line to that effect and putting it in the body would not be difficult. I imagine that's a relevant enough detail that could warrant inclusion in the lead; see generally WP:MOSLEAD. WhinyTheYounger (WtY)(talk, contribs) 17:15, 29 June 2022 (UTC)[reply]

Senior leadership request[edit]

Hello again Wikipedia editors. Back in early April, an editor [1] added a new section called Senior leadership that details changes in the firm's leadership over time. I can understand how this information might be useful to readers, but the way it's currently framed is inaccurate. As the cited source (Financial Times) specifies, “Sequoia has dropped the global managing partner title that had been given to predecessors, with Botha instead becoming Sequoia’s ‘senior steward’.” Given this, it isn’t accurate to list out "senior stewards" going back to Don Valentine. I've put together a suggested revision that clarifies this and corrects the other inaccuracy (namely that Roelof Botha represents the third transition in Sequoia’s leadership, not the third generation as this would actually be the fourth generation), and adds an additional source since the cited FT article is behind a paywall:

Senior leadership section revision
 Not done: Removing section for redundancy WhinyTheYounger (WtY)(talk, contribs) 17:43, 29 June 2022 (UTC)[reply]

Revised Introduction request[edit]

Hello again Wikipedia editors. I'm posting a revised request for the Introduction that more narrowly addresses the factually inaccurate claims about locations. In the proposed version below, I've kept most of the current Introduction language intact but (a) slightly revised the second sentence to note that Sequoia "specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors" as described in the Investment section of the article, (b) removed the claim about Sequoia being "the most active VC fund company in India in 2019" (since that claim is about Sequoia Capital India), and (c) replaced the second paragraph with language pulled directly from the existing Investments section. I also put the notable investments in alphabetical order, since that seems to be standard formatting.

Introduction section revision

Sequoia Capital is an American venture capital firm.[1] The firm is headquartered in Menlo Park, California and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors.[2]

Sequoia is an umbrella brand for three different venture entities: one focused on the U.S. and Europe, another on India and Southeast Asia, and a third on China.[3]

Notable successful investments by Sequoia Capital include Apple, Cisco, Google, Instagram, LinkedIn, PayPal, Reddit, Tumblr, WhatsApp, and Zoom.[4][5]

References

  1. ^ Mazel tov, Israeli startups: Sequoia Capital raise $200M to fund you, Meghan Kelly, August 23, 2012, Venture Beat, retrieved May 12, 2016.
  2. ^ Secretive, Sprawling Network of ‘Scouts’ Spreads Money Through Silicon Valley, Rolfe Winkler, November 12, 2015, Wall Street Journal, retrieved May 12, 2016.
  3. ^ McBride, Sarah; Yilun Chen, Lulu (August 12, 2021). "Sequoia's China Portfolio Hits Speed Bump After Tech Crackdown". Bloomberg. Retrieved September 1, 2021.
  4. ^ Levy, Ari (2020-09-18). "Silicon Valley's most prominent VC firm had a banner week: $9 billion in IPO shares while helping TikTok negotiations". CNBC. Retrieved 2022-02-13.
  5. ^ "Top Sequoia Capital Investments that got big". StartupTalky. 2021-05-01. Retrieved 2022-02-13.

Again, the list of locations in the current Introduction is factually incorrect because some of these offices are affiliated with Sequoia Capital India and Sequoia Capital China, which are different entities from Sequoia Capital. If editors feel the second paragraph with locations isn't necessary, I'm fine with removing it, though my edits were meant to address the current inaccuracies. I'm hoping that The Banner, CityPride, WhinyTheYounger, and Quetstar can address and resolve this problem. VS for Sequoia Capital (talk) 21:35, 2 June 2022 (UTC)[reply]

I’ll take a look at implementing this this week, thanks for your patience. WhinyTheYounger (WtY)(talk, contribs) 19:13, 25 June 2022 (UTC)[reply]

 Partly done: Removing some redundant citations from sentences already in the body (not a major issue, just something that can be done per MOS:CITELEAD) and rewording sentences so they differ somewhat from the sentences in the body for the sake of style. WhinyTheYounger (WtY)(talk, contribs) 17:18, 29 June 2022 (UTC)[reply]