Sequoia pioneered the scouts model and many VC firms followed suit, but a consensus now seems to be forming that the model has reached limits in its current form.
Sequoia shutting down its Scouts program marks the end of an era
TE TechCrunch 
Key points
- Sequoia this week announced a broad overhaul in a memo posted to X, a move that includes closing its London office and shutting down its scout program.
- On the other hand, the decision to end scouts says more about where venture investing is headed.
- That’s partly because 17 years ago, Sequoia pioneered the scouts model, in which select founders and operators write checks on the firm’s behalf.
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