Sequoia will shutter its DC office as well as part ways with the policy team there at the end of march, techcrunch has confirmed.
The news comes – and is somewhat in contrast – with the other prominent vc firms in silicon valley strengthening their ties with capitol hill and the new trump administration. Andressen Hrowitz, For Example, Has Been Leaning ITO Its Policy Team as Several of its partners nab roles in the white house. It recently, for instance, HIRED Former Republican Congressman Patrick mchenry as an advisor.
Sequoia open its DC Office Five Years ago To Support Companies with Regulatory issues and Deepen its relationship with policymakers. In a statement to techcrunch, a sequoia spokesperson said that thanks to the “Strategic Guidance and Efforts,” of the policy team on the mattering relationships and KNOWLEDGE, ” Well-positioned to carry these relationships in the US and europe forward. “
“To that end, we are Sunsetting the dedicated policy function and closing our DC office at the end of March.
The changes impact the policy fellows at the firm, as well as three full-time employees, sources tell Fortune, Which was first to report this news.
Thought sequoia is typically politically neutral, its partners have previously expressed political views. Notably, Shaun Maguire, A Partner at the Firm, is an outspocen supporter of president trump and is reportedly helped screen candidates for dog.