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Michael Moritz, the journalist-turned-VC who has long been one of the most prominent and respected investors at Sequoia Capital, has left the firm after 38 years to "deepen his advisory relationship" with Sequoia Heritage, the wealth management unit he spun up in 2010 with colleague Doug Leone and on whose board he has sat for years. In a note to LPs that we obtained earlier, Sequoia's global managing partner, Roelof Botha, said Moritz will continue to represent Sequoia Capital at a handful of companies but that those seats will be "transitioned" to other partners ove...

The current owners of the Creel House from “Stranger Things” told CNBC Make It they spent over $500,000 on renovations.

The current owners of the Creel House from “Stranger Things” told CNBC Make It they spent over $500,000 on renovations.

As his company is valued above $3bn, Retool CEO David Hsu is determined not to chase high valuations at the expense of long-term stability.

The long road to the Qualtrics IPO Speculation around the Qualtrics public offering is nothing new. All the way back in 2016, CEO Ryan Smith was dropping not-so-subtle hints about his intentions to file for IPO. After a decade bootstrapping, and growing to $50 million in annual revenue, the company was swayed into taking outside capital from Sequoia, and then again from Sequoia, Accel, and Insight Venture Partners. TechCrunch has written about the entire journey, and considering the unusual circumstances of the public offering paired with Qualtrics’ position outperforming its peer group, we...