Dialogue2026-08
When a Partner Votes a 1, Sequoia Still Presses Green
Sequoia partner Julien Bek describes a rule outsiders rarely see: even when a partner votes a deal a 1, the sponsor can still press green, which is how SpaceX got in, and the price is that a bad call is underwritten with your own seat. SVTR checks that account against 214 AI-related financings involving Sequoia in its venture database, and finds that in this cycle the scarce capability is no longer finding the company but being willing to back it alone.
