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The writing was on the wall, it seems.
Sequoia Capital partner Matt Miller announced On Wednesday, he is leaving the powerhouse after a 12-year career to start his new firm focused on European founders. He added that he will remain a venture partner with Sequoia and retain his board seat while he works out “the specifics of what happens next.”
London-based VCs Saul Klein, Tom Hulme, Matthias Ljungman and Miller’s colleague Luciana Lixandru congratulated Miller, who is moving to the city in 2021 to lead Sequoia’s European expansion.
Still, Miller’s news may come as a surprise to few – not least after falling out earlier in the year with former colleague Michael Moritz, whom Miller tried and failed to oust from fintech Klarna’s board. joins him. Sequoia soon he apologized replaced Miller with another Sequoia investor, Andrew Reed, for supporting the move.
