Sequoia Capital, the Silicon Valley firm that was an early investor in Google and WhatsApp, is shutting its London office. Six years after opening…
In a memo to founders, the firm said:
“We are closing our London office, which means several people will be leaving Sequoia. This is not about the team – they are excellent. We simply don’t see the need for a local presence.”
Sequoia claims Europe will keep producing “outlier founders” and it can invest in them all from the Bay Area. Not the first nor the last out of the door…
Krishnan Guru-Murthy asked John Healey: “Just finally, I mean Andy Burnham has been very clear he wants Britain back in the European Union in his lifetime. Do you?”
The Chancellor replied: “I’m older than Andy Burnham. I don’t expect to see that.”