The writing was on the wall, seemingly.
Sequoia Capital associate Matt Miller introduced on Wednesday that he’s leaving the powerhouse outfit after a 12-year profession to construct his personal new agency centered on European founders. He added he’ll stay a enterprise associate with Sequoia and keep his board seats whereas fleshing out the “specifics of what is to come next.”
London-based VCs like Saul Klein, Tom Hulme, Mattias Ljungman, and Miller’s colleague Luciana Lixandru congratulated Miller, who moved to the town in 2021 to guide Sequoia’s growth into Europe.
Still, few might be shocked by Miller’s information – not after he tussled at the beginning of the 12 months with former colleague Michael Moritz, who Miller reportedly tried and did not oust from the board of the fintech Klarna virtually instantly after himself becoming a member of it. Sequoia quickly after apologized for supporting the transfer, changing Miller with one other Sequoia investor, Andrew Reed.
