Goooood morning. Tomorrow is my Q+A newsletter, so it is your last and FINAL opportunity to email me questions: emilyesundberg@gmail.com
Iβm a littttttlllle bit hungover from Red Hook Tavern and Jalopy Tavern last night (addicted to taverns, I know) but the show must go on.
The She-seccion is over!!!!!! πππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππ(And I barely even met her!) Women lost jobs early in the pandemic but have returned in record numbers, making the she-cession a short-lived phenomenon. As someone who felt like one million bucks in midtown last week on meetings, I feel this. I know thatβs not what this story is about, but I still feel it. In the wake of the pandemic, employment has actually rebounded faster among women than among men β so much so that, as of June, the employment rate for women in their prime working years, commonly defined as 25 to 54, was the highest on record. (Employment among prime-age men is back to where it was before the pandemic, but is still shy of a record.)
Sequoiaβs most prominent investors (and former journalist) is out. A total of five partners are exiting the firm. Sequoia on Wednesday told its limited partners that longtime partner Michael Moritz would leave and focus on the firmβs independent wealth management business, Sequoia Heritage, a spokesperson confirmed.