Roelof Botha to lead Sequoia Capital

South African Roelof Botha, 48, will become the senior steward of the storied firm, according to a Twitter message from current chief Doug Leone.

Sequoia Capital has named a new leader. South African Roelof Botha, 48, will become the senior steward of the firm, according to a Twitter message from current chief Doug Leone late on Monday.

Leone, 65, said he will remain a general partner in the firm’s existing funds and will keep his board seats.

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