First logged in post here. For those who don’t know, the fediverse apps are connected, so people can read from and reply to here from their Mastodon account.
In this past week, I noticed seemingly unrelated news stories here and there,.
Like how Schwab is doing major office consolidation and closing offices in, IIRC, 6 cities, incl. Atlanta. Just reported breezily like it reflected sage-like biz decisions and not unadulterated panic from a covertly busted financial firm.
And…
3 top officers of Sequoia Capital departed in the last month, 2 this week.
Just normal goings-on.
Neither mentioned over on the sinking sub.
I don’t have a subscription and it’s paywalled, this article dated Jul 19 says 5 partners have left… []https://www.theinformation.com/articles/sequoia-shakes-up-senior-ranks-as-vernal-moritz-exit-roles
The part I can read…
Sequoia on Wednesday told its limited partners that longtime partner Michael Moritz would leave and focus on the firm’s independent wealth management business, Sequoia Heritage, a spokesperson confirmed. Meanwhile four other Sequoia partners have exited the firm, according to two people with direct knowledge of the matter