March 31 (Reuters) – Sequoia Capital has named former senior steward Doug Leone as chairman, partners at the storied Silicon Valley venture capital firm said in X posts on Tuesday. * Leone, who has been with the firm since 1988, passed onthe role of senior steward to Roelof Botha in 2022, although hecontinued to represent […]
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Sequoia Capital names veteran Doug Leone as chairman
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March 31 (Reuters) – Sequoia Capital has named former senior steward Doug Leone as chairman, partners at the storied Silicon Valley venture capital firm said in X posts on Tuesday.
* Leone, who has been with the firm since 1988, passed onthe role of senior steward to Roelof Botha in 2022, although hecontinued to represent Sequoia on the boards of its portfoliocompanies and remained a general partner in its existing funds. * Founded by Don Valentine in 1972, Sequoia was an earlyinvestor in many top tech names, including Alphabet’s Google andYouTube, Apple, and Cisco, and has established itself as one ofthe world’s top venture capital firms. * Leone took over the reins from Valentine in 1996 alongsideventure capitalist Michael Moritz. Moritz stepped back from themanagement role in 2012 due to health reasons, and Leone becamethe firm’s sole leader. * In November 2025, Roelof Botha stepped down as themanaging partner and was succeeded by investing veterans AlfredLin and Pat Grady as co-stewards. * “When we realized how much gas Doug has left in the tank,we invited him to ramp back up as an investor at Sequoia,” Gradysaid Tuesday on X. * “Nobody embraces change like Doug, and for that reason,and many others, he will be a great partner to Sequoia foundersduring the most significant technology shift of our lifetimes,”Lin said.
(Reporting by Fabiola Arámburo in Mexico City, Angela Christy in Bengaluru; Editing by Rashmi Aich)