
Dougherty and Rogers founded Sequoia Capital in 1972, marking the beginning of their vision to invest in and support innovative companies.
Their first investment was in Apple, which would go on to revolutionize the tech industry.
Dougherty and Rogers' focus on early-stage investments allowed them to nurture companies from their inception, providing guidance and resources to help them scale.
This approach paid off, as many of their portfolio companies went on to become household names.
Additional reading: Private Equity Portfolio Companies
Don Valentine Dies at 87
Don Valentine, the founder of Sequoia Capital, passed away at the age of 87 due to natural causes.
He was a native of New York who majored in chemistry at Fordham University before joining Raytheon in South California.
Valentine moved north to the Bay Area to work at Fairchild Semiconductor, where he began investing his own small checks into technology companies.
Among his first bets were Atari and Apple, which he invested in from his $3 million venture fund formed in 1974.

He later led Sequoia into numerous other high-flyers, including Cisco Systems.
Valentine continued to lead Sequoia until handing over the reins to Doug Leone and Michael Moritz.
He remained involved with the firm for another 10 years, attending partner meetings and offering his advice and guidance.
The partners have said they were happy for his continued input, even if they didn't always agree with him.
Valentine chose the name Sequoia because it conveyed the longevity and strength of the tallest of redwoods.
He was a humble person who refrained from putting his own name on the business.
Valentine is survived by his wife, three children, and seven grandchildren.
Frequently Asked Questions
Who created the Sequoia Capital?
Don Valentine founded Sequoia Capital in 1972, bringing his experience in the semiconductor industry and a strong network of innovative companies to the venture. With his first $3 million fund, he backed pioneers like Apple and Atari.
Who is the CEO of Sequoia Capital?
Roelof Botha is the Chief Operating Officer of Sequoia Capital, a leading global venture capital firm. He oversees the firm's operations and investment strategy.
Who was the former CEO of Sequoia?
Jim Goetz previously led Sequoia's US business, while Roelof Botha took over as CEO in 2017.
How much does a partner at Sequoia Capital make?
A partner at Sequoia Capital can earn between $354,000 and $645,000 per year, including base salary and additional pay. This total pay range reflects a significant financial reward for experienced investment professionals.
Sources
- https://www.linkedin.com/pulse/sequoia-capital-vc-firm-behind-worlds-most-successful-ajay-sharma
- https://www.founderlodge.com/investor-profile/sequoia-capital-5098
- https://techcrunch.com/2019/10/25/don-valentine-who-founded-sequoia-capital-has-died-at-age-87/
- https://www.avpress.com/news/don-valentine-founder-of-sequoia-capital-is-dead/article_c8b7f174-f876-11e9-86b2-6befd7168a67.html
- https://www.sequoia.com/about/leadership/
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