Sequoia Capital to reduce the Washington Policy and DCS team, just as the technology industry increases its clarity under Trump
Sequoia Capital, one of the most prominent investment capital companies in Silicon Valley, removes the Washington -based policy team in Washington, DC to close his office there, just as some technology -related companies try to increase their clarity in the American capital after President Trump’s re -election.
Changes will apply at the end of March and affect three full -time employees, as well as political colleagues who worked with the company. Sikoya confirmed the demobilization of workers while two sources familiar with the issue that asked not to be identified because the issue is sensitive, that the company will close its office in Washington.
Sikoya says that it has established the small policy team five years ago – after the Trump administration – to advise investment and portfolio companies on organizational issues, deepen their knowledge of politics, and enhance its links with global policy makers, experts and intellectual tanks. Don Vieira, who held old security positions in the Ministry of Justice and Permanent Intelligence Committee, opened the office, according to LinkedIn. Vieria will leave the company as part of the changes. He did not respond to the requests for comment.
“By [the policy group’s] “The guidance and strategic efforts are now in a good position to bear these relations in the United States and Europe forward,” said a spokesman for Sequoia. We are grateful to the team on their contributions and their impact. “
Sequoia changes with technology companies that increase their clarity in Washington, DC, have contradicted President Trump. In January, Meta rented Joel Kaplan, former chief of staff of former President George W. Bush to head the global policy team, Mark Zuckerburg visited Trump at the White House and Mar Lago.
Some other investment capital companies are working to enhance their presence in Washington, DC, to help conservative companies operating in high -organization political or political industries such as defense, encryption or artificial intelligence. For example, the investment capital company Andresson Horwitz, whose partners held official or consulting positions at the White House, recently rented Patrick McGathrey, a member of Congress in the former North Carolina state, and Matt Krinin, the former chief investigator and vice -public adviser in the American Council selection competition on strategic competition, as an adult of the company. Last fall, before the elections, General Kumlist launched what he calls the “General Motivation Institute” to influence artificial intelligence, health care, defense, intelligence, manufacturing and energy policy.
Sikoya Capital has historically neutrally political as a company, although many of its partners are individually expressing political opinions or making major donations to presidential candidates. First partner, Roeov Batha, said last summer that he is not registered in any of the two political parties, but he is “more focused on policies that will lead entrepreneurship, create job opportunities, and make sure that the United States remains at the forefront.”
This story was originally shown on Fortune.com