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importantSYS.SOURCE: TechCrunch• 2026-11-04T17:11:15Z

Sequoia Capital Consolidates Operations, Shuts Down Global Programs After 20 Years of Expansion

Sequoia Capital is consolidating its operations by closing global offices and programs developed during a 20-year expansion, shifting focus to the Bay Area while raising $10 billion in new funds. The move includes shutting down the Arc accelerator and Scouts program, merging teams, and restructuring leadership to prioritize local expertise and reduce hierarchical complexity.

Sequoia is consolidating into a smaller, Bay Area–centered firm, shutting down the programs and offices it built during a 20-year expansion while announcing roughly $10 billion in new funds.

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