Uncapped #28 | Roelof Botha from Sequoia

In this interview, Roelof Botha, the senior steward of Sequoia Capital, discusses the firm's long history of generational transfer and its culture of stewardship, emphasizing the pressure and privilege that come with leading such a storied venture capital firm. He touches on Sequoia's focus on innovation, its unique approach to team decision-making, and the importance of maintaining a balance between paranoia and joy. Botha also shares his thoughts on the current venture landscape, questioning whether venture capital is truly an asset class, and offers advice to new managers on building a lasting firm. The conversation further explores the significance of cost reduction in Silicon Valley, the potential of AI in various sectors like healthcare and robotics, and the challenges of managing conflicts of interest when companies expand into new territories.