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The piece of writing was on the wall , seemingly .
Sequoia Capital cooperator Matt Millerannouncedon Wednesday that he ’s impart the power plant rig after a 12 - yr vocation to build his own new firm focused on European founders . He add he will stay a venture partner with Sequoia and maintain his board seat while flesh out the “ specifics of what is to come next . ”
London - based VCs like Saul Klein , Tom Hulme , Mattias Ljungman , and Miller ’s colleague Luciana Lixandru congratulate Miller , who locomote to the city in 2021 to go Sequoia ’s enlargement into Europe .
Still , few could be surprise by Miller ’s newsworthiness — not after he muss at the start of the twelvemonth with former colleague Michael Moritz , who Miller reportedly tried and failed to boot out from the control panel of the fintech Klarna almost immediately after himselfjoining it . redwood soon afterapologizedfor hold up the move , replacing Miller with another Sequoia investor , Andrew Reed .