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The financial times spoke to 10 people close to the firm, including investors who have worked with botha and the institutions that bankroll sequoia, known as limited partners. Roelof botha will step down as the managing partner at sequoia capital after a little more than three years in the role, the storied silicon valley venture capital firm said on tuesday. Sequoia capital managing partner roelof botha steps aside, naming alfred lin and pat grady as new leaders amid the firm’s cultural and leadership reset.

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Roelof botha, the south african venture capitalist who has enjoyed significant success in the us, is stepping down as managing partner of sequoia capital After nearly a decade at the helm of sequoia capital, roelof botha will step aside as steward of the legendary silicon valley vc firm. The financial times reported on wednesday (paywall) that his resignation followed a period marked by internal strife at the storied american venture capital firm.

Sequoia capital’s managing partner roelof botha steps down after three years leading sequoia capital globally

His exit follows internal disputes, global pullbacks, and reputational controversies Investors question sequoia’s values after partner’s controversial remarks spark backlash. On october 21, the financial times reported that sequoia chief operating officer sumaiya balbale, who is a practicing muslim, left the firm in august “after it decided not to discipline the outspoken investor for posts about zohran mamdani.” following the ft report, botha appeared at a techcrunch event, where he was asked about.