Sequoia partner Shaun Maguire posted on X that DEI "was the most effective KGB operation of all time." After Maguire spread a false conspiracy theory in August 2025 misidentifying a Palestinian student as the Brown University shooter, Sequoia's COO Sumaiya Balbale, a practicing Muslim, resigned citing the remarks as "Islamophobic." Roelof Botha publicly defended Maguire's comments afterward.
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Sequoia Capital
Lost $213.5M on FTX investment. Marked to zero after SBF fraud conviction. Published glowing profile of SBF. Claimed "rigorous due diligence" but missed $8B customer fund theft. Loss offset by $7.5B fund gains.
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Sequoia Capital — Founder Treatment: MIXED Lost $213.5M on FTX investment. Marked to zero after SBF fraud conviction. Published glowing profile of SBF. Claimed "rigorous due diligence" but missed $8B customer fund theft.… https://reciepts.tech/stance/139
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See all →Sequoia partner Shaun Maguire led the $10M seed round for Kela, an Israeli defense-tech startup founded by IDF intelligence veterans after October 7, and participated in its $60M Series A in May 2025 alongside the CIA's In-Q-Tel. Maguire noted ~20% of recent Sequoia seed capital has gone to Israeli companies. The investments triggered boycotts of MUBI after Sequoia invested there, with 60+ filmmakers signing an open letter.