The Sequoia Capital Fund

Extracted Attributes

• Type

  Open-ended liquid portfolio

• Purpose

  Allocate capital to closed-end sub-funds for venture investments

• Structure

  Permanent, singular structure

• Investment Cycle

  No expiration dates for investments

• Regulatory Intent

  Become a Registered Investment Advisor (RIA)

• Size (early 2023)

  $13.6 billion

• Initial Geographic Focus

  U.S. and European business

Timeline

• Sequoia Capital announced the launch of The Sequoia Capital Fund, an open-ended, evergreen fund structure for its U.S. and European business, departing from traditional fund cycles. (Source: web_search_results)

  2021-10-26

• In early 2023, the size of The Sequoia Capital Fund reached $13.6 billion. (Source: web_search_results)

  2023-01-01

Sequoia Capital

Sequoia Capital Operations, LLC (commonly known simply as Sequoia) is an American venture capital firm headquartered in Menlo Park, California, specializing in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of January 2025, the firm had approximately $56 billion USD in assets under management. Sequoia is an umbrella brand for three regionally focused venture entities: Sequoia Capital Operations on Europe and United States, Peak XV Partners on India and Southeast Asia, and HongShan on China. Notable successful investments made by the firm include Apple, ByteDance, and Cisco.

Web Search Results

• Sequoia Capital - Wikipedia

  In October 2021, Sequoia announced the Sequoia Capital Fund, a new fund structure for its U.S. and European business.( The fund structure is unique for VC funds as they are typically funds with a 10-year fund cycle instead of an open-ended evergreen fund.( The Sequoia fund will no longer need to sell or distribute stock as in the usual VC fund cycle. Instead, limited partners who want liquidity can pull money out of the fund.( Sequoia also announced it would become a RIA which would allow the [...] Sequoia Capital Operations, LLC (commonly known simply as Sequoia) is an American venture capital firm headquartered in Menlo Park, California, specializing in seed stage, early stage, and growth stage investments in private companies across technology sectors.( As of January 2025, the firm had approximately $56 billion USD in assets under management.( [...] In early 2023, the size of Sequoia Capital Fund reached $13.6 billion.( In June 2023, the firm led a Seed round funding of $5.7 million for Defense startup, Mach Industries.( In July 2023, it reduced the size of its cryptocurrency fund from $585 million to $200 million, and shifted focus to young start-ups after an industry crash.( In 2023, Sequoia launched its Open Source Fellowship to fund up to three open source developers annually via an equity-free fellowship.(

• The Sequoia Capital Fund: Patient Capital for Building Enduring ...

  Moving forward, our LPs will invest into The Sequoia Capital Fund, an open-ended liquid portfolio made up of public positions in a selection of our enduring companies. The Sequoia Capital Fund will in turn allocate capital to a series of closed-end sub funds for venture investments at every stage from inception to IPO. Proceeds from these venture investments will flow back into The Sequoia Capital Fund in a continuous feedback loop. Investments will no longer have “expiration dates.” Our sole [...] We can do more. Today, we are excited to announce our boldest innovation yet to help founders build enduring companies for the 21st century. In our U.S./Europe business, we are breaking with the traditional organization based on fund cycles and restructuring Sequoia Capital around a singular, permanent structure: The Sequoia Capital Fund. [...] The Sequoia Capital Fund: Patient Capital for Building Enduring Companies | Sequoia Capital Skip to main content Our Founders Our Companies Our Team Stories Arc Open search The Sequoia Capital Fund: Patient Capital for Building Enduring Companies We are breaking with the traditional organization based on fund cycles and restructuring Sequoia Capital around a singular, permanent structure: The Sequoia Capital Fund. By Roelof Botha Published October 26, 2021

• Sequoia Fund: Home

  Sequoia Fund is a mutual fund that has been advised by Ruane Cunniff LP since its inception on July 15, 1970. Through multiple market cycles, portfolio managers and generations of leadership, the firm has managed the Fund with a long-term, value‑oriented approach. We think like owners of businesses, rather than holders of stocks. The touchstone of our approach is the idea that a share of stock entitles its owner to an interest in the profits of a business enterprise. We Invest with a [...] The Fund is non-diversified, meaning that it invests its assets in a smaller number of companies than many other funds. As a result, an investment in the Fund has the risk that changes in the value of a single security may have a significant effect, either negative or positive, on the Fund’s net asset value per share. Mutual fund investing involves risk, including loss of principal. [...] Please consider the investment objectives, risks and charges and expenses of the Fund carefully before investing. The Fund’s prospectus and summary prospectus contain this and other information about the Fund. You may obtain a copy of the prospectus and summary prospectus by visiting the Fund Documents section of or by calling 1-800-686-6884. Please read the prospectus and summary prospectus carefully before investing.

• Top Investments by Sequoia Capital 2023 - Eqvista

  Founded in 2001 and based in Menlo Park, California, Sequoia Capital is a venture capital firm that invests in private firms in their respective technological areas’ seed, early, and growth stages. The year was full of fluctuations, but Sequoia, known for its smart investment decisions, remained busy. There is nothing ordinary about these projects; they are unique in the business and technology worlds. This article examines notable investments of Sequoia Capital and their 2023 financial [...] In 1974, Sequoia established its inaugural venture capital fund, and the following year, it invested early in Atari. Sequoia was an early investor in Apple, joining the ranks of other firms in 1978. It wasn’t until 1996 that partners Michael Moritz and Doug Leone took over as senior partners. [...] Sequoia invests in private technology firms at seed, early, and growth stages. The Industry/sector Sequoia capital invests in includes sustainable tech, consumer internet, cryptocurrencies, healthcare, mobile, and robotics. The company’s history of successful early investments has garnered them much praise. The business has set itself apart from leading VC firms by expanding its investment portfolio beyond early-stage venture capital in the United States.

• Our History | Sequoia Capital

  In 1972, when Don Valentine founded Sequoia Capital, the term “Silicon Valley” was less than two years old. A veteran of the nascent semiconductor industry, Don had helped power the growth of personal computing and networking. With Sequoia’s first $3 million fund, he backed both Apple and video game pioneer Atari. That Don chose “Sequoia,” a tree that lives thousands of years, rather than naming the firm after himself surprises no one who knew him. It was his humility and commitment to