Some companies are important in themselves. Sequoia matters because it finds and nurtures important companies. The venture capital firm’s greatest hits include Apple, Google, Oracle, and Cisco. But it hasn’t coasted, with success only accelerating in recent years. It saw a 157-fold return on its investment in WhatsApp when the messaging app was sold to Facebook in 2014. Other wins include Square, Stripe, Airbnb, and Alibaba. Still, its record is less stellar in another category: Like some rivals, Sequoia has no female investing partners in the U.S., and a partner was recently ousted after being sued for sexual and physical abuse. (He has denied the charges.)
Correction: An earlier version of this entry misstated the return on Sequoia’s investment in WhatsApp.
Jim Goetz, Doug Leone, Neil Shen (Managing Partners)
Menlo Park, Calif.