Sequoia Ends Its Scouts Program, Signaling Shift in VC Talent-Sourcing Model
Sequoia Capital, a pioneer of the scouts model, is shutting down its Scouts program. Many other venture capital firms had adopted the approach after Sequoia introduced it. A growing consensus among industry observers now suggests the model has reached its limits in its current form. The move is being viewed as the close of an era for the practice of using scouts to identify early-stage investment opportunities.
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