Sequoia hits rewind, undoing 20 years of expansion
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The move marks a sharp strategic reset for one of venture capital's most prominent firms, which had expanded across geographies and launched initiatives beyond its core U.S. investing business. The consolidation signals a return to a leaner operating model concentrated on the firm's home market. What to watch next is how the roughly $10 billion in fresh capital is deployed and whether the pullback from international offices and ancillary programs affects Sequoia's deal flow and relationships abroad.
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Named in this story
Sequoia Capital, Bay Area