Labor Asks Pelosi To Slam Sequoia Capital
Interesting item in the SF Chronicle over the weekend. It’s about a proposed measure that would require all San Francisco city and county employees to contribute 9% of their pay toward their pensions. It also would double the cost of family medical coverage. One of the proposals big financial backers is Sequoia Capital’s Mike Moritz (and his wife), who have contributed $245k to the cause. Local labor leaders have responded by asking Nancy Pelosi to oppose any federal funding for Sequoia portfolio companies (including DoE grants). No word yet from
21 July 2010•1 min read
