Sequoia shutting down its Scouts program marks the end of an era

Sequoia Capital is shutting down its Scouts program, the long-running network of founders and operators who spotted early-stage startups for the firm, in a move TechCrunch describes as the end of an era. The program let well-connected people in the startup world pass promising young companies to Sequoia and share in the returns, turning scouts into an extension of the firm's deal-sourcing machine. Its closure signals a shift in how one of Silicon Valley's most powerful venture firms finds its next investments, as the industry moves away from informal scout networks toward more centralized sourcing and the program's chapter comes to a close. Source: TechCrunch, November 6, 2026.

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