Sequoia COO quit over Shaun Maguire’s comments about Mamdani
Sumaiya Balbale left the venture firm after it decided not to discipline outspoken investor for posts about New York mayoral candidate
Sumaiya Balbale left the venture firm after it decided not to discipline outspoken investor for posts about New York mayoral candidate

Move comes as software company benefits from artificial intelligence boom

Alfred Lin and Pat Grady will take over as ‘senior stewards’ following a tumultuous period for the group

Partners called vote to oust chief after controversial incidents rocked Silicon Valley venture capital firm

Turnover of leaders shows how hard it can be to ride out the vicious financial and tech cycles

Investors including Accel and Iconiq are also pressing for greater board representation for shareholders

Co-chief appointed to quell dispute quietly resigned last month citing ‘ongoing governance challenges’