Sequoia Capital names veteran Doug Leone as chairman
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 on the role of senior steward to Roelof Botha in 2022, although he continued to represent Sequoia on the boards of its portfolio companies and remained a general partner in its existing funds.
Founded by Don Valentine in 1972, Sequoia was an early investor in many top tech names, including Alphabet's GOOGL.O Google and YouTube, Apple AAPL.O, and Cisco CSCO.O, and has established itself as one of the world's top venture capital firms.
Leone took over the reins from Valentine in 1996 alongside venture capitalist Michael Moritz. Moritz stepped back from the management role in 2012 due to health reasons, and Leone became the firm's sole leader.
In November 2025, Roelof Botha stepped down as the managing partner and was succeeded by investing veterans Alfred Lin 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," Grady said Tuesday on X.
"Nobody embraces change like Doug, and for that reason, and many others, he will be a great partner to Sequoia founders during the most significant technology shift of our lifetimes," Lin said.
