(Exclusive) Sequoia Capital’s Venture Partner Yinglan Tan quits

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Yinglan Tan, who resigned from Sequoia in June this year, said he has got some new plans but nothing concrete yet

Yinglan Tan, Venture Partner at global VC firm Sequoia Capital, has quit, he confirmed to e27.

Tan, who quit Sequoia on June 15, 2017, said that he has got some plans in mind, but nothing concrete yet to share with the industry.

“Yeah, I officially resigned from Sequoia Capital a few months ago,” he said. “I had a good time at Sequoia. I finally have some down time to pursue my interest to holiday in Southeast Asia and spend more time with my kids. More importantly, I have got some time to shape my thinking. I am starting to crystallise my thoughts for Southeast Asia,” he added.

Tan also said that the startup ecosystem in Southeast Asia is booming and he thinks now is the right time to do something. “I am hatching my plans, but nothing concrete yet. Give me some time and stay tuned,” he said.

A Stanford And Carnegie Mellon alumnus, Tan joined Sequoia in July 2012. He has been Board of Commissioner at Indonesia’s leading e-commerce company Tokopedia since 2014. In the past, he has worked as Board Member at Artificial Intelligence company Appier.

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Before Sequoia, Tan was the Head (Projects), National Research Foundation, Prime Minister’s Office in Singapore. He had previously been the first Director (China) at 3i. Tan had also been the Senior Assistant Director at the Ministry of Trade and Industry (Singapore).

A Kauffman Fellow, Tan has authored two books, titled The Way Of the VC: Having Top Venture Capitalists On Your Board and Chinnovation – How Chinese Innovation is going to Change the World.

Tan holds a Masters Degree in Management Science & Engineering from Stanford University.

Founded in November 1972 by Don Valentine, Sequoia Capital is one of the most active VC firms globally. The Wall Street Journal has called Sequoia “one of the highest-caliber venture firms” and noted that it is “one of Silicon Valley’s most influential VC firms”.

Sequoia invests between US$100,000 and US$1 million in seed stage, between US$1 million and US$10 million in early stage, and between US$10 million and US$100 million in growth stage. It mainly invests in companies the energy, financial, enterprise, healthcare, internet, and mobile industries.

With offices in the US, China, India and Israel, Sequoia has made 1,442 Investments in 776 companies to date, including Google, Yahoo, Paypal, Electronic Arts, NVIDIA, Cisco Systems, Oracle, Apple, YouTube, Admob and Zappos. In Asia, it has made several investments, including Mobike, Zomato, Practo, and Trveloka.

The post (Exclusive) Sequoia Capital’s Venture Partner Yinglan Tan quits appeared first on e27.
Source: e27

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