Legendary Silicon Valley venture capital firm Sequoia is coming to Europe — and it’s not the only US fund showing increasing interest in the continent. But how will the Americans fare over here?
Sequoia, the Silicon Valley venture capital firm with a full stack of outrageously successful tech investments (think Apple, Google, PayPal, Dropbox, LinkedIn, Eventbrite, Airbnb, Stripe and WhatsApp), is opening an office in London.
For some, it’s a sign that the European tech ecosystem has finally come of age. Sequoia is on the hunt for a partner to join the team and is, according to Sifted’s sources, courting the crème de la crème of Europe’s venture capital talent.
“The biggest challenge is that everything [in the US] is overpriced right now,” says Karen McCormick, a partner at Beringea, which has offices in the US and the UK.
read more (sifted eu)
Sequoia, the Silicon Valley venture capital firm with a full stack of outrageously successful tech investments (think Apple, Google, PayPal, Dropbox, LinkedIn, Eventbrite, Airbnb, Stripe and WhatsApp), is opening an office in London.
For some, it’s a sign that the European tech ecosystem has finally come of age. Sequoia is on the hunt for a partner to join the team and is, according to Sifted’s sources, courting the crème de la crème of Europe’s venture capital talent.
“The biggest challenge is that everything [in the US] is overpriced right now,” says Karen McCormick, a partner at Beringea, which has offices in the US and the UK.
read more (sifted eu)
