Sequoia is closing its London office after six years, cutting its European scout programme and refocusing on San Francisco as the AI boom pulls capital to the Bay Area.
Sifted senior reporter Anne Sraders walks through the dealmaking data behind the exit, from announced European rounds this year to how founders and rival VCs have reacted.
The episode also asks whether Europe still leans too heavily on American money for its largest checks, and whether local investors can pick up the slack.
