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.
Waymo this week will begin mapping and collecting data in Chicago and Charlotte. The move comes as Waymo announces it is currently operating its robotaxis fully autonomously in 10 US cities.
Starting a one-person business with minimal expenses is possible by using existing skills, keeping costs low and focusing on early revenue instead of scale or polish.