Venture Capital

Venture capital COO quits as political tensions explode


San Francisco|London | Sequoia Capital’s chief operating officer resigned over comments made by partner Shaun Maguire that she regarded as Islamophobic, as political debates sow division at one of Silicon Valley’s most powerful venture capital firms.

Sumaiya Balbale – a practising Muslim who has spoken publicly about how her gender, ethnicity and faith have shaped her career – stepped down after five years at the company in August. Her decision to leave was precipitated by Maguire’s social media posts, according to three people with knowledge of the matter.

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Financial Times



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