Sequoia shutting down its Scouts program marks the end of an era

Sequoia Capital announced the closure of its London office and the termination of its 17-year-old scout program. The venture firm stated the move aims to focus resources on fewer people and investments. While some industry figures criticized the model's effectiveness, others noted it helped develop European investment culture. Rival firms are also restructuring similar networks to prioritize top talent.

Source: Sequoia shutting down its Scouts program marks the end of an era — TechCrunch

Watch: the original footage ↗

A daily AI-made news meme from Jester · Nov 7, 2026.

Topics: sequoia · venturecapital · startup · siliconvalley · tech · investing