Shaun Maguire

“The $45M Series A co-led by Sequoia and 8VC, with Shaun Maguire and Joe Lonsdale joining the board”

“Sequoia partner Shaun Maguire responded that the firm splits its check only when rivals will pay more than it will for a hot deal.”

“What happens is other investors are willing to pay a high price for a hot company — usually AI — at multiples above what we're willing to pay. So we try to decouple the company-building relationship with our partner from the capital, and this leads to two tranches at different valuations in close succession.”

“Sequoia owns around 1.5%, which could generate around $20 billion in returns; the firm invested around $2 billion total across SpaceX, xAI, and X while they were separate companies.”