Category Archives: sequoia capital

Sequoia backs Maven, a virtual health clinic for women

Despite the increase in women in the U.S. workforce and public pledges from several high-profile CEOs to close the gender pay gap, women, especially working mothers, often find themselves without the resources necessary to succeed at work. Maven, a digital health startup and benefits platform focused on improving access to healthcare for women, has emerged specifically to help businesses help their female employees. Maven has garnered the support of Sequoia Capital, a household name in Silicon Valley and a venture capital firm that has seldom backed female-focused businesses. […]

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VCs say Silicon Valley isn’t the gold mine it used to be

In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ The author outlined reasons why the Valley has “peaked.” Venture capital investors are deploying capital outside the Bay Area more than ever before. High-profile entrepreneurs and investors, Peter Thiel, for example, have left. Rising rents are making it impossible for new blood to make a living, let alone build businesses. And according to a recent survey, 46 percent of Bay Area residents want to get the […]

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While tech waffles on going public, biotech IPOs boom

For people who make investment decisions based on revenues and projected earnings, biotech IPOs are kind of a non-starter. Not only are new market entrants universally unprofitable, most have zero revenue. Going public is mostly a means to raise money for clinical trials, with red ink expected for years to come. That pattern may be one reason the venture capital press, Crunchbase News included, tends to devote a disproportionately small portion of coverage to biotech IPOs. It’s more exciting to watch a big-name internet company pop in first-day trading or poke fun at […]

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Doug Leone, the global managing partner of powerhouse Sequoia Capital, is coming to Disrupt

Sequoia Capital has been at the top of its game in the U.S. for decades, thanks to early investments in Google, Yahoo, LinkedIn and PayPal, as well as, more recently, its stakes in the messaging startup WhatsApp, the payments company Stripe and the video conferencing unicorn company Zoom. Yet unlike a lot of top-tier firms in Silicon Valley, Sequoia is far from reliant on the Bay Area companies for huge returns. Instead, a dozen years ago, anticipating that the most impactful tech ideas could come from anywhere […]

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Celebrity funds from Jay Z, Will Smith and Robert Downey Jr. are backing a life insurance startup

Ethos, the company that bills itself as making life insurance accessible, affordable and simple, has officially come out of stealth with an $11.5 million investment led by one of the world’s top venture firms, Sequoia Capital, and additional participation from the family offices of Hollywood’s biggest stars and an NBA all-star. Jay Z’s Roc Nation, and the family funds of Kevin Durant, Robert Downey Jr. and Will Smith, all participated in the new round for Ethos, and Sequoia Partner Roelof Botha is taking a seat on the […]

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