Sequoia is shutting its London office six years after opening it, arguing it can still serve Europe’s best founders from the Bay Area. Its European scout programme is being wound down too, although three of the four London partners are staying in Europe rather than relocating to California.
Sifted senior reporter Anne Sraders joins guest host Daphne Leprince-Ringuet to explain why the firm is refocusing on San Francisco as the AI boom pulls capital west, and why other European venture funds are making the same calculation. The episode also digs into what Sifted’s own dealmaking data shows about Sequoia’s European track record.