While numerous of his peers have invested the last week rallying around who they will assistance in the 2024 election cycle, Sequoia Capital’s top partner Roelof Botha slammed the level of department in the nation on Tuesday and stated that his company would not be selecting sides.
“At Sequoia as a collaboration, we wear’t take a political point of view,” Botha stated Tuesday at the Fortune Brainstorm Tech conference in Park City, Utah. He included: “We’re proud of the truth that we’ve allowed numerous of our partners to reveal their appreciated specific views along the method, and offered them that flexibility.”
For his part, Botha stated he is “not a signedup member of either celebration,” and that he is “much more focused on the policies that will drive entrepreneurship, task development, and making sure that the United States remains ahead.”
Botha’s remarks in an on-stage interview with Fortune Editor-in-Chief Alyson Shontell come as lotsof of his endeavor capital peers are rallying assistance behind previous President Donald Trump in the upcoming election. Just a coupleof hours before Botha spoke on Tuesday, Marc Andreessen and Ben Horowitz released a video on YouTube in which they revealed and discussed their choice to back previous President Trump in the upcoming election. Venture capitalist David Sacks of Craft Ventures, a previous PayPal worker who worked with Botha there, spoke earlier on Tuesday at the Republican National Convention and a coupleof weeks ago held a charityevent for Donald Trump at his home. Trump’s freshly revealed running mate, J.D. Vance, himself had a quick stint in endeavor capital.
Botha focused his remarks about the present state of politics on how there hasactually been a substantial boost in discord, highlighting that the partisan divide in the U.S. hadactually grown over the last 20 years. “I think it’s actually unhealthy for the future of this nation,” Botha stated.
At the exactsame time, he appeared to push back, if discreetly, at the anti-immigration platform that presently stimulates much of the Republican celebration.
The U.S. is an “incredible nation” Botha stated. “There’s a factor individuals like myself desire to come here, there’s a factor about 40% of the creators we back are veryfirst generation immigrants.”