Sequoia Capital closes London office, ends six-year European push

TREE NEWS update: Sequoia Capital Operations LLC closed its European business last week, ending a six-year foray into the region and folding its investment team into Silicon Valley. The firm’s core partners had questioned the need for a European base, and Sequoia said European startups will receive “world-class support from our home base in the Bay Area.” The decision to shut the London office has unsettled some local founders, with one serial entrepreneur calling it a “negative signal” for European tech.