Sequoia’s Roelof Botha warns founders about chasing sky-high valuations as the firm doubles down on its selective approach

TechCrunchSunday, November 2, 2025 at 11:54:03 PM
At the recent Disrupt conference, Sequoia's Roelof Botha cautioned founders against pursuing excessively high valuations, emphasizing the importance of a more selective approach in today's investment climate. This advice is crucial as many startups are currently inundated with term sheets, and understanding the implications of valuation can significantly impact their long-term success.
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