Just over three years after taking the reins as the leader of Sequoia Capital, Roelof Botha is stepping down as Senior Steward of the storied VC firm. The firm announced Tuesday that partners Alfred Lin and Pat Grady will succeed him as co-Stewards .

Lin joined the storied firm in 2010, where he has led major investments into category-defining companies like Airbnb, DoorDash, and Kalshi. Meanwhile, Pat Grady has been a partner for nearly 19 years and has led Sequoia’s growth-stage investing since 2015, backing iconic companies such as ServiceNow, OpenAI, and the legal AI platform Harvey.

Botha assumed the leadership role in mid-2022 and immediately oversaw a period of upheaval. He took the helm just as the downturn decimated the public markets, severely slashing the valuations of many

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