Part 6/8:
The agility required to adapt to an evolving market includes internal dynamics. Sequoia is undergoing a generational transition with the departure of key figures who built its legacy. The recent public disputes within the firm, such as those seen at the board level within major portfolio companies, reflect the tensions accompanying these transitions. High-stakes power plays among senior team members highlight potential rifts within the culture of the organization, causing investors to question the firm’s internal cohesion and future direction.