Months ago, Last Money In Media did a deep dive on venture scouts, how the VC scout program got started, those who have started as scouts and gone on to join some of the top VCs and more.
Scout History → Sequoia Capital is frequently known as THE VC credited with inventing the scout program. Most notably, Jason Calacanis wrote a $25k Sequoia scout check into Uber's seed round.
Here are 3 former Sequoia scouts that ended up joining Sequoia:
1) Mike Vernal, who before joining Sequoia spent more than eight years at Facebook, including as a vice president of engineering and product
2) Jess Lee, who previously co-founded the shopping site Polyvore and oversaw its sale to Yahoo
3) Alfred Lin, the former COO and chairman of Zappos.
As the scout model gained popularity across other venture funds, more one-time scouts have now made their way FT into the ecosystem. Former scouts who have joined the world of venture capital full-time include:
- Lee Linden of Quiet Capital
- David Ulevitch of Andreessen Horowitz
- Jana Messerschmidt of Lightspeed Venture Partners
- Deep Nishar of SoftBank Investment Advisers & General Catalyst
As of June 2019 More than 230 companies that have received checks written by Sequoia scouts have gone on to raise more than $6 billion in follow-on financing, excluding Uber.
Many of these have received further funding from Sequoia itself, including:
- Faire
- GenEdit
- Guardant Health
- Stripe
- Notion
- Clever Inc.
- Thumbtack
- Vector
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