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Sequoia shutting down its Scouts program marks the end of an era
Sequoia pioneered the scouts model and many VC firms followed suit, but a consensus now seems to be forming that the model has reached limits in its current form.
By TechCrunch
Excerpt shared by Lazyfounder
·Excerpt
Sequoia this week announced a broad overhaul in a memo posted to X, a move that includes closing its London office and shutting down its scout program. Observers warn that it would be a mistake to read too much into the London closure, since the British capital has a thriving AI…
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