The fundraise is the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.
Nothing CEO Carl Pei says AI agents will eventually replace apps, shifting smartphones toward systems that understand intent and act on a user’s behalf.
Many founders assume growth slows because of product or market issues. In reality, unclear and undisciplined communication often becomes the hidden bottleneck.