Sequoia shutting down its Scouts program marks the end of an era
Summary
Sequoia has decided to close its pioneer scouts initiative, signaling a shift in the venture capital landscape. This move reflects a growing industry belief that the traditional scouts model has hit its operational limits in its current format.
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.
Source: Read the full story at TechCrunch
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